Question

Mr. Ankit received 1000 ESOPs at Rs.50 each. The fair value of the shares is Rs.120 at vesting time and Rs.130 at exercise time. What is the value of ESOPs for Mr. Ankit?

A Rs.40,000
B Rs. 60,000
C Rs. 80000
D Rs. 70000
E Rs. 50000
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