)Ruby Bethune works for ElekTek,a firm producing sophisticated electronic equipment used in state-of-the-art security systems.Ruby is happy to see that the value of ElekTek's stock has reached $47 per share,because her company allows many of its employees,including Ruby,to buy a given number of shares of its stock for $30 per share for the next year regardless of how high the market price goes.ElekTek is offering its employees a stock:

Question

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ElekTek is offering its employees an option plan, where they can buy a given number of shares of its stock for $30 per share for the next year regardless of how high the market price goes.

)Ruby Bethune Works for ElekTek,a Firm Producing Sophisticated Electronic Equipment