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A Share Option Is an Instrument That Gives the Holder

Question 27

Multiple Choice

A share option is an instrument that gives the holder the right but not the obligation to:


A) buy a certain number of shares in the company by a specified date at a stipulated price.
B) sell a variable number of shares in the company by a specified date at a stipulated price.
C) receive a certain dividend declared by the company by a specified date.
D) receive a bonus issue of shares in a proportion as notified by the company.

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