Question: 10. How does the Black-Scholes option model express time? A. On a quarterly basis B. In two-year periods C. In terms of years D. Semi-annually

10. How does the Black-Scholes option model express time? A. On

10. How does the Black-Scholes option model express time? A. On a quarterly basis B. In two-year periods C. In terms of years D. Semi-annually 11. Which of the following best explains why many corporations issue employee stock options? A. To provide an employee benefit in place of a retirement plan B. To replace employer-provided insurance benefits C. To align management and shareholder interests D. To reduce the cost of employee compensation

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