asked 132k views
3 votes
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?

asked
User Diem
by
8.9k points

2 Answers

1 vote

Answer:

advise him to buy preferred stock

Explanation:

preferred stock holders get payment first before common stock holders

answered
User Sheraff
by
7.8k points
0 votes

Answer:

You should advise him to buy preferred stock.

Explanation: