Ronald sees that his employer's stock has grown from $20 a share to $60 a share this year, while most stocks have seen only 5% growth is employer offers to let him convert a large portion of his salary into stock options. what is not a valid reason to turn down the stock offer?
select the best answer from the choices provided.
a stocks with high returns have high volatility, and ronald's company may not grow further.
b. ronald may be taxed more for capital gains than he would be for employment income.
c stock options are illiquid, and ronald may not be able to use them to pay for unexpected bills.
d. ronald would be committing stock fraud if he exercises the options