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31 January, 07:16

You are a financial advisor whose client is concerned about losing his investment if a company goes out of business. Which of the following do you advise the client to buy?

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Answers (2)
  1. 31 January, 07:32
    0
    advise him to buy preferred stock

    Step-by-step explanation:

    preferred stock holders get payment first before common stock holders
  2. 31 January, 10:07
    0
    You should advise him to buy preferred stock.
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