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Jim is seeking your advice about an investment in a micro device company. He wants to purchase enough stock in the firm that he will receive $8,000 a year in dividends. He expects to own the stock forever. Jim wants to earn 9% on all of his stock investments. He can invest $70,000 to buy stock in the company that will pay him the dividends he desires. What would be your advice to Jim
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Jim is seeking your advice about an investment in a micro device company. He wants to purchase enoug...
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