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Ivanhoe Limited purchased 39,000 call options during the year. The options give the company the...

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Accounting

Ivanhoe Limited purchased 39,000 call options during the year. The options give the company the right to buy its own common shares for $10 each. The average market price during the year was $15 per share. Calculate the incremental shares outstanding for Ivanhoe Limited.

Incremental shares outstanding

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