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A compensatory employee stock option plan has all of the following characteristics except A. no significant discount is offered from the existing...

A compensatory employee stock option plan has all of the following characteristics except

A. no significant discount is offered from the existing market price.

B. non-standard terms exist giving the employees a longer time to enroll and the ability to cancel the option.

C. usually a significant discount is offered from the market price.

D. options are only available to certain restricted groups of employees such as management.

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