Question

Tim's employer offers him the option to buy 200 shares of the company for $250 a share. If the company has issued 40,000 shares, what

percentage of the company can Tim buy using his stock options?
Select the best answer from the choices provided.
ОА
8%
ОВ.
0.5%
О С.
0.0625%
OD
0.025%

Answer 1

A. Tim can buy at least 8% using his stock options.

Explanation:

Answer 2

OB

Explanation:

OB because 200 shares is converted into percentage. So 200/40000 gives 0.5%. Tim can only buy 0.5% with the offer his employer gave him