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What is the effect on earnings in the year after the shares

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Reference no: EM131803172

FX Services granted 17.5 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within two years. The common shares have a market price of $7 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives? (Round your answer to 1 decimal place.)

Reference no: EM131803172

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