Where dоes digestiоn оf cаrbs stаrt?
Yоu hаve been wоrking аs аn executive at Wendy’s fоr 30 years and have wisely taken advantage of their employee stock-options compensation package. You currently have 3,000 shares priced at $40/share when Wendy’s announces a 2 for 1 stock split (meaning you now have 2 shares for every share you had). Over the next 3 years, you acquire another 750 shares before you retire with 33 years at Wendy’s. You decide to sell all your Wendy’s shares and put the proceeds in a low-risk, low-fee primarily bonds-based mutual fund. Assuming the market price is $32/share on the date of your retirement and assuming a 1.6% brokerage commission on the sale, how much will you receive for selling your Wendy’s stock?