FIN 422 Week 5 Textbook Problems
Week 5 Textbook Problems FIN/422 Week 5 Textbook Problems 2. Your employer has awarded you 3,000 shares of SARs with a strike price of $20 per share. When SARs are exercised, the company converts the gain and compensates the employee with shares of company stock. The SARs have a five-year graduated and equal vesting schedule …