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Which of the following is not one of the commonly used stock compensation plans?

a) Stock conversion plans.
b) Stock option plans.
c) Employee Stock-Purchase plans.
d) Restricted-stock plans

1 Answer

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Final answer:

Stock conversion plans are not one of the commonly used stock compensation plans, unlike stock option plans, Employee Stock-Purchase plans, and Restricted-stock plans.

Step-by-step explanation:

The commonly used stock compensation plans include stock option plans, Employee Stock-Purchase plans, and Restricted-stock plans. The option that is not one of these commonly used plans is a) Stock conversion plans. Stock option plans give employees the option to buy company stock at a predetermined price, Employee Stock-Purchase plans typically allow employees to purchase company stock at a discount, and Restricted-stock plans involve the distribution of company shares to employees with restrictions on when they can be sold.

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