Multiple Choice
The estimated value of a company is $18 million.The company has 2 million shares outstanding at a market price of $10 per share.You already own 1,000 shares of the stock.Should you buy,sell or hold the stock?
A) You should buy more shares of the stock.
B) You should hold the stock for now.
C) You should sell the stock.
D) There is not enough information to make a decision.
Correct Answer:
Verified
Correct Answer:
Verified
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