Table:
| FOR THE YEAR ENDED DECEMBER 31 | 2019 | 2018 |
| --- | --- | --- |
| Net earnings attributable to common shareholders – basic | 3,040 | 2,785 |
| Dividends declared per common share (in dollars) | 3.17 | 3.02 |
| Weighted average number of common shares outstanding (in millions) |  |  |
| Weighted average number of common shares outstanding – basic | 900.8 | 898.6 |
| Assumed exercise of stock options (1) | 0.6 | 0.3 |
| Weighted average number of common shares outstanding – diluted (in millions) | 901.4 | 898.9 |
Paragraphs:
Note 9 Earnings per share
The following table shows the components used in the calculation of basic and diluted earnings per common share for earnings attributable to common shareholders.
(1) The calculation of the assumed exercise of stock options includes the effect of the average unrecognized future compensation cost of dilutive options. It excludes options for which the exercise price is higher than the average market value of a BCE common share. The number of excluded options was 61,170 in 2019 and 12,252,594 in 2018.
Question:
What does the calculation of the assumed exercise of stock options include?
Answer: the effect of the average unrecognized future compensation cost of dilutive options