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Dallas-Based Southwest Airlines Recently Announced a 10-Year Contract That Gives

Question 148

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Dallas-based Southwest Airlines recently announced a 10-year contract that gives pilots a greater opportunity to share in the profits of the airline.According to the terms of the contract,the pilots will receive options to buy 14 million shares of the firm's stock over the next 10 years.What impact do you think this new contract will have on Southwest Airlines?

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The contract provides pilots an incentiv...

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