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A Grant of Units Equal in Value to the Fair

Question 124

Multiple Choice

A grant of units equal in value to the fair market value or book value of a share of stock;on a specified date the executive will be paid the appreciation in the value of the units
Up to that time.This is known as:


A) Stock appreciation rights
B) A stock purchase
C) Restricted stock
D) Phantom stock

Correct Answer:

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