Gordon Co. recently granted 200 restricted share units (RSUs) to Michael, an executive with the company. These RSUs will vest after three years and be equity settled. At the date of the grant, the fair value of each RSU was $7.00. Which of the following statements is true about these RSUs? Question 6 options: a) During the vesting period, Michael has the right to receive cash equal to $7.00 per RSU. b) One downside risk for Michael is that if the share price falls below $7.00, he will receive nothing on settlement of the RSU. c) After all vesting conditions have been met, Michael will receive 200 shares of Gordon Co. d) After the vesting period, Michael will be required to pay $7.00 to receive a share of Gordon Co