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Which of the following is NOT true about Stock Options? They are the right, but not an obligation, to buy company stocks at a set

  1. Which of the following is NOT true about Stock Options?

    1. They are the right, but not an obligation, to buy company stocks at a set price.

    2. They are only exercisable as long as you work at the firm.

    3. The market price of stocks is always higher than the option price.

    4. Options are awarded to both executives and non-executives in a company.

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