Which one of these is a CORRECT statement regarding a disadvantage of a phantom stock plan to an employer?

A$)$

This type of plan dilutes stock ownership.

B$)$

The shares of phantom stock held by an employee represent a secured promise to pay.

C$)$

The value of the company$$s stock may be affected by noneconomic factors.

D$)$

The plan does not cost the employer any money up front.