What is a “grant date”?

Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter13: Systems Development And Program Change Activities
Section: Chapter Questions
Problem 7RQ
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What is a “grant date”?

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A stock option is a contract that allows its holder to either buy or sell a certain number of shares at a specific price and within a designated time period.

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