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2 Which of the following is not a requirement for an employee stock purchase plan assuming the company wants to avoid recording compensation expense! O

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2 Which of the following is not a requirement for an employee stock purchase plan assuming the company wants to avoid recording compensation expense! O None of these since compensation expense can't be avoided, The discount from the mrket is offered for only a limited (short) time period, O The discount from the market price is small All of the items listed are requirements, O The plan offers no substantive option feature, Substantially all full-time employees may participate on an equitable basis

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