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(Preferred stock valuation) You own 300 shares of Somner Resources' preferred stock, which currently sells for $52 per share and pays annual dividends of $4.70

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(Preferred stock valuation) You own 300 shares of Somner Resources' preferred stock, which currently sells for $52 per share and pays annual dividends of $4.70 per share. If the market's required yield on similar shares is 8 percent, should you sell your shares or buy more

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