hard · Investment Banking

Company X has $10M stock options with a strike price of $45.00. The current market price of the stock is $40.00.

How many net dilutive shares from these options should be included in the company's Fully Diluted Shares Outstanding?

  1. 0 shares
  2. 1.11M shares
  3. 10M shares
  4. 5M shares

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