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  3. Study Set
    Corporate Finance Study Set 5
  4. Exam
    Exam 23: Options
  5. Question
    Stock Options Give Recipients a Right to Buy the Company
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Stock Options Give Recipients a Right to Buy the Company

Question 3

Question 3

True/False

Stock options give recipients a right to buy the company stock at a set (exercise)price.The exercise price is usually the stock's 4 p.m.price on the date of the grant,an average of the day's high and low,or the 4 p.m.price the day before.

Correct Answer:

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