A company has granted 2,000,000 options to its employees. The stock price and strike price are both $60. The options last for 8 years and vest after two years. The company decides to value the options using an expected life of six years and a volatility of 22% per annum. The dividend on the stock is $1, payable half way through each year, and the risk-free rate is 5%. What will the company report as an expense for the options on its income statement?

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock

Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.

Mr. king wants to offer 100 acres of his property for sale. since the property is landlocked, he will have to put in a driveway to the road that will run across his remaining property. what kind of easement will he have to grant