What is the most likely date on which the stock options were awarded?

Billy, the CEO of Movin On Up Company, was granted stock options with an exercise price of $62.04 per share. The following are the week-ending stock prices that occurred during the quarter:

Date Stock Price
7-Sep-05 56.82
13-Sep-05 57.24
20-Sep-05 60.51
27-Sep-05 57.23
4-Oct-05 60.14
11-Oct-05 60.42
18-Oct-05 61.5
25-Oct-05 59.84
1-Nov-05 60.02
8-Nov-05 60.14
15-Nov-05 61.52
22-Nov-05 61.67
29-Nov-05 63.94
6-Dec-05 62.39
13-Dec-05 62.04
20-Dec-05 64
27-Dec-05 65.52

A) 13-Sep-05
B) 11-Oct-05
C) 13-Dec-05
D) not enough information to answer the question

Answer: C

Business

You might also like to view...

Access Management is closely related to which other process?

A. Capacity Management only B. 3rd line support C. Information Security Management D. Change Management

Business

Identify the purpose of each section of the application when using the AIDA approach to persuasive messages

What will be an ideal response?

Business