visa inc . notes to consolidated financial statements 2014 ( continued ) september 30 , 2012 acquired by the company . the eip will continue to be in effect until all of the common stock available under the eip is delivered and all restrictions on those shares have lapsed , unless the eip is terminated earlier by the company 2019s board of directors . no awards may be granted under the plan on or after 10 years from its effective date . share-based compensation cost is recorded net of estimated forfeitures on a straight-line basis for awards with service conditions only , and on a graded-vesting basis for awards with service , performance and market conditions . the company 2019s estimated forfeiture rate is based on an evaluation of historical , actual and trended forfeiture data . for fiscal 2012 , 2011 , and 2010 , the company recorded share-based compensation cost of $ 147 million , $ 154 million and $ 135 million , respectively , in personnel on its consolidated statements of operations . the amount of capitalized share-based compensation cost was immaterial during fiscal 2012 , 2011 , and 2010 . options options issued under the eip expire 10 years from the date of grant and vest ratably over three years from the date of grant , subject to earlier vesting in full under certain conditions . during fiscal 2012 , 2011 and 2010 , the fair value of each stock option was estimated on the date of grant using a black-scholes option pricing model with the following weighted-average assumptions : 2012 2011 2010 ( 1 ) expected term ( in years ) ( 2 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.02 5.16 3.46 risk-free rate of return ( 3 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.2% ( 1.2 % ) 1.2% ( 1.2 % ) 1.4% ( 1.4 % ) expected volatility ( 4 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34.9% ( 34.9 % ) 33.4% ( 33.4 % ) 36.4% ( 36.4 % ) expected dividend yield ( 5 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.9% ( 0.9 % ) 0.8% ( 0.8 % ) 0.7% ( 0.7 % ) .

Table: 2012 2011 2010 ( 1 ) expected term ( in years ) ( 2 ) 6.02 5.16 3.46 risk-free rate of return ( 3 ) 1.2% ( 1.2 % ) 1.2% ( 1.2 % ) 1.4% ( 1.4 % ) expected volatility ( 4 ) 34.9% ( 34.9 % ) 33.4% ( 33.4 % ) 36.4% ( 36.4 % ) expected dividend yield ( 5 ) 0.9% ( 0.9 % ) 0.8% ( 0.8 % ) 0.7% ( 0.7 % ) fair value per option granted $ 29.65 $ 27.50 $ 29.46

( 1 ) includes the impact of 1.6 million replacement awards issued to former cybersource employees as part of the cybersource acquisition in july 2010 . these awards have a weighted-average exercise price of $ 47.34 per share and vest over a period of less than three years from the replacement grant date . ( 2 ) based on a set of peer companies that management believes is generally comparable to visa . ( 3 ) based upon the zero coupon u.s . treasury bond rate over the expected term of the awards . ( 4 ) based on the average of the company 2019s implied and historical volatility . as the company 2019s publicly traded stock history is relatively short , historical volatility relies in part on the historical volatility of a group of peer companies that management believes is generally comparable to visa . the expected volatilities ranged from 31% ( 31 % ) to 35% ( 35 % ) in fiscal 2012 . ( 5 ) based on the company 2019s annual dividend rate on the date of grant. .

Question: what is the total value of the awards issued to former cybersource employee , ( in million ) ?
Answer: 75.74
Calculation: multiply(1.6, 47.34)