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A major portion of a CEO's remuneration is made up of options that are currently not in the money. What impact would this have on
A major portion of a CEO's remuneration is made up of options that are currently not in the money. What impact would this have on the CEO's incentives if the compensation was in the form of futures rather than stock? What if the options were put options instead of call options? How would the CEO's incentives change?
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