Which of the following is/are true concerning an employee stock options' time value element?
a. One cannot measure the amount of the element before the expiration date.
b. Stock options with exercise prices less than the current market price of the stock have a higher value, other things equal, than stock options with exercise prices exceeding the current market price of the stock.
c. Stock options that are "in the money" have a higher value, other things equal, than stock options that are "out of the money".
d. A stock option whose exercise price exceeds the current market price has economic value because of the possibility that the market price will exceed the exercise price on the exercise date .
e. none of the above
D
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Indicate whether the statement is true or false
There is strong evidence that financial professionals can successfully engage in market timing
Indicate whether the statement is true or false.
A value curve indicates a lack of effectiveness in a firm's strategic profile when it
A. stays level. B. trends downward. C. zigzags. D. trends upward.
On the basis of the Schmidt case and the cases cited therein, determine the constitutional validity of the following: a. A city ordinance requiring all-adult residences only. b. A city zoning master plan that designates certain areas as adult-only
residential areas. c. A state statute that prohibits landlords from refusing to rent property located in all-adult subdivisions to families with children.