Question: PHD Inc. is a software engineering firm traded in the OTC market. The firm's stock has been rising steadily over the last six months. The
PHD Inc. is a software engineering firm traded in the OTC market. The firm's stock has been rising steadily over the last six months. The firm's president, Will Gaits, is leery of being bought out by a competitor, since he has heard rumors about this. Because of Will's value to the firm, the board of directors wants to provide additional incentive to keep Will on board now. Which one of the following would best serve Will?
A
Incentive stock option
B
Golden parachute
C
Stock appreciation right
D
Tin parachute
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