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Which of the following statements is true? 1. Preferred stocks pay a lower potential reward than common stocks. 2. Preferred stock is more risky than
Which of the following statements is true?
1. Preferred stocks pay a lower potential reward than common stocks. |
2. Preferred stock is more risky than common stock. |
3. A well diversified investment portfolio should never include junk bonds. |
4. By examining the price-earnings ratio of a variety stocks, it is fairly easy to find one that is undervalued. |
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