Business, 08.04.2020 22:23, jojonotsiwatho

Magnetic-optical corporation offers a variety of share-based compensation plans to employees. under its restricted stock award plan, the company on january 1, 2013, granted 4 million of its $1 par common shares to various division managers. the shares are subject to forfeiture if employment is terminated within three years. the common shares have a market price of $22.50 per share on the grant date. required:

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Magnetic-optical corporation offers a variety of share-based compensation plans to employees. under...