Management Decides to Allocate 1,000 Shares to a Particular Employee

Multiple Choice

Management decides to allocate 1,000 shares to a particular employee at a market value of $50.00 per share under a share appreciation rights plan.One year later,the value of these shares has increased to $65.00.How many shares would this employee actually receive as a bonus at the end of the year?

A) 15.4 shares
B) 20 shares
C) 230.8 shares
D) 1,000 shares