Chuck is the chief financial officer of his company. at the annual meeting, he gives a presentation that contains only positive financial news even though the company had a lay-off in the previous year. what impact is chuck's presentation likely to have on the employees

The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer: