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Martin Works for Epic Electronics, a Sophisticated Electronic Equipment Company

question 358

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Martin works for Epic Electronics, a sophisticated electronic equipment company. Martin is happy to see that the value of company stock has reached $53 per share, because certain employees (including himself) have the opportunity to buy a given number of shares of its stock for $25 per share for the next year regardless of how high the market price goes. Epic Electronics is offering some employees a


Definitions:

PTH

Parathyroid hormone, a regulator of calcium and phosphate metabolism in the body.

Insulin

A biochemical produced in the pancreas that helps regulate the amount of sugar in the blood by enabling tissues to absorb glucose.

ADH

Anti-Diuretic Hormone, a peptide hormone that regulates the body's retention of water by increasing water reabsorption in the kidneys.

Thyroid Hormone

A hormone produced by the thyroid gland, critical to the regulation of metabolism and energy.

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