Is it possible to share an Apple Developer Program license between programmers?
A couple of friends and I are working on a project for our final thesis that will run in the Iphone, and we're looking at the prospect of purchasing an Apple Developer Program License. 

<hipothetical>
I'd like to know if we could purchase a license between the three of us, and still be able to deploy to the iphone individually. That is, each of us would configure their xcode to use this certificate and deploy locally.
</hipothetical>

I'm aware that this "hipothetical" scenario is probably illegal, but would there be any real, tangible problems in doing so?
Is it possible to share an Apple Developer Program license between programmers?
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A couple of friends and I are working on a project for our final thesis that will run in the Iphone, and we're looking at the prospect of purchasing an Apple Developer Program License. 

<hipothetical>
I'd like to know if we could purchase a license between the three of us, and still be able to deploy to the iphone individually. That is, each of us would configure their xcode to use this certificate and deploy locally.
</hipothetical>

I'm aware that this "hipothetical" scenario is probably illegal, but would there be any real, tangible problems in doing so?