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Assume That in Addition to 1

Question 95

Multiple Choice

Assume that in addition to 1.25 billion common shares outstanding,Luther has stock options given to employees valued at $2 billion.After the repurchase,how many shares will Luther have outstanding?


A) 1.0 billion
B) 1.2 billion
C) 0.75 billion
D) 1.1 billion
E) 1.25 billion

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