Answer:
The multiple choices are as follows:
a. 4,800
b. 6,000
c. 5,400
d. 54,000
Option D,$54,000 is correct
Explanation:
The worth of the award at end of any year is the number of shares given under the award multiplied by the closing price of the share at end of that year.
In other words,the value to Collen of this award of 900 shares from Collen's employer is $54,000 (900*$60)
The correct option is D,$54,000.
The other options are obviously wrong because multiplying any closing price by 900 shares would give something close to $54,000,not $4800 or $6,000 or even $5400
