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Business, 03.05.2021 14:50 vlactawhalm29

Hammerstein Corporation offers a variety of share-based compensation plans to employees. Under its restricted stock award plan, the company, on January 1, 2021, granted 2 million of its $1 par common shares to various division managers. The shares are subject to forfeiture if employment is terminated within four years. The common shares have a market price of $20.8 per share on the award date. Required: 1. Determine the total compensation cost from these restricted shares. 2.

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Hammerstein Corporation offers a variety of share-based compensation plans to employees. Under its r...
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