Alan,a manager at Conephase,decides to sell his shares at the current market value.He had purchased the stock at $20 per share a few years ago.However,the current market rate per share is $15.In this case,Alan should:
A) avoid selling the stock and wait for the market value to be higher than $20.
B) ask a lower-level employee to purchase the stocks at his price.
C) apply the Scanlon plan.
D) negotiate with stock market authorities to increase the market value.
E) sell his shares at the current rate or wait for the rate decrease.

Question

Quizplus · Accepted Answer

In this scenario, Alan should wait for the share prices to increase before selling his stock in order to avoid a loss.

Alan,a Manager at Conephase,decides to Sell His Shares at the Current