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Which of the following is a difference between incentive stock options (qualified options) and non qualified stock options? Qualified options always provide for a bargain

Which of the following is a difference between incentive stock options (qualified options) and non qualified stock options?

Qualified options always provide for a bargain purchase on the grant date.

Qualified options must be exercised on the grant date.

Qaulified options have no income tax consequences on the exercise date, if the holding period requirements are met.

none of the above

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