Employee Stock Options

question 9

Multiple Choice

Employee stock options:

• A) usually have a positive intrinsic value when issued.
• B) must be backdated at least six months to comply with Sarbanes-Oxley.
• C) are generally "underwater" when issued.
• D) are frequently repriced if the options are in-the-money.
• E) are generally issued with a zero intrinsic value.

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