Question

Calculate the diluted market value. (Ignore any tax benefits)

Note: Use diluted shares

Current stock price:     $12.00
Shares Outstanding:     67,823,050

	Options
		Weighted Avg.
Range of Exercise Prices	Number	Exercise Price
$4.48 - $7.54	1,407,003	$6.98
$8.08 - $10.95	968,467	$10.16
$11.15 - $12.78	1,170,930	$12.32
$13.52 - $23.00	1,377,692	$15.47
Total	4,924,092	$11.25

Select one:

a. $817,566,446

b. $872,965,704

c. $808,721,311

d. $68,560,145

e. $822,721,734

Answer 1

The current share outstanding - 67823050

Add : Options shares               4924092

Total Diluted shares                 72747142

Current stock Price                     12

Diluted market Value               872965704