Business, 13.12.2021 23:30 nayi2002

FX Services granted 16.5 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within four years. The common shares have a market price of $8 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives? (Round your answer to one decimal place.)

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FX Services granted 16.5 million of its $1 par common shares to executives, subject to forfeiture if...