Dan Works for ElekTek, a Firm Producing Sophisticated Electronic Equipment

Multiple Choice

Dan works for ElekTek, a firm producing sophisticated electronic equipment used in state-of-the-art security systems. Dan is happy to see that the value of ElekTek's stock has reached $47 per share, because certain employees (including Dan) have the opportunity to buy a given number of shares of its stock for $30 per share for the next year regardless of how high the market price goes. ElekTek is offering some employees a:

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