JohnStewart69911 JohnStewart69911

15-02-2024
Business

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On January 1, 2024, Garcia Inc. granted stock options to its CEO. These options vest over the next four years. The CEO can purchase 2,000 shares of the company's $1 par common stock at $18 per share. What is the purpose of granting these stock options?A) To incentivize the CEO to stay with the companyB) To align the CEO's interests with those of the shareholdersC) To reward the CEO for past performanceD) To attract top executive talent

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