Question
A. An executive compensation plan in which the senior executive's plan includes: $3 mil annual salary, fully vested pension and 100,000 warrants granted per year
A.An executive compensation plan in which the senior executive's plan includes: $3 mil annual salary, fully vested pension and 100,000 warrants granted per year with a strike price of $75 (company shares are currently trading at $50).
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
