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According to the Brook's case The Ethics of Repricing and Backdating Employee Stock Options the one circumstance when backdating and repricing option can be ethically
According to the Brook's case "The Ethics of Repricing and Backdating Employee Stock Options" the one circumstance when backdating and repricing option can be ethically justified is:
a) never
b) when the firm has become an acquisition target
c) upon the death of the CEO
d) when the stock price has declined substantially due to external factors
Please choose one and explain
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