Martin Works for Epic Electronics, a Sophisticated Electronic Equipment Company

question 358

Multiple Choice

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

• A) stock annuity plan.
• B) stock reinvestment plan.
• C) stock dividend.
• D) stock option plan.

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