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Business, 21.03.2020 11:38 janiyaf8941

FX Services granted 16.0 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within four years. The common shares have a market price of $9 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives?

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FX Services granted 16.0 million of its $1 par common shares to executives, subject to forfeiture if...
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