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How do I avoid purchasing a preferred stock that I can never sell?
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How do I avoid purchasing a preferred stock that I can never sell?
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(A) Be sure the declared dividend rate is at least 0.25% above the current 'going dividend rate.'
(B) Be sure the declared dividend rate is at least 0.5% above the current 'going dividend rate.'
(C) Be sure the declared dividend rate is at least 0.75% above the current 'going dividend rate.'
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