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Executive stock options: permit executives to purchase restricted stock. are expensed at their intrinsic value. allow the holder the option to buy shares at a

Executive stock options:
permit executives to purchase restricted stock.
are expensed at their intrinsic value.
allow the holder the option to buy shares at a specified exercise price during a specified period of time.
allow the holder the option to buy shares at a specified exercise price any time prior to the executive ceasing to be employed
by the firm.
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