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Assuming Astute Company preferred stock sells for $41.25. and pays a fixed dividend of $2.35. A customer is requiring a 5% return on her investment. Would you recommend a buy, sell, hold, or something else assuming she is a marginal trader? Select one: a. d. insufficient information given for a decision b. c. She should hold, that is neither buy nor sell c. b. She should sell the stock d. a. she should buy the stock.

Financial Management, Finance

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