The stock option plan allows senior-level managers to buy company stock in the future at a/ the _____ price.
A) predetermined fixed
B) spot
C) current
D) future market

Question

Quizplus · Accepted Answer

The stock option plan typically sets a fixed or predetermined price at which the senior-level managers can purchase the company's stock in the future, regardless of the current or future market price. This fixed price is often referred to as the exercise or strike price.

The Stock Option Plan Allows Senior-Level Managers to Buy Company