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Bank of America Preferred
Old 09-15-2008, 01:35 PM   #1
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Join Date: Jul 2007
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Bank of America Preferred

I am certainly not a savvy stock picker so I am looking for your advice. Would you consider now. It is a BAC 1/1000 share of preferred stock paying (currently) over 8% dividend yield and callable in ten years I think. It is a nice dividend as long as it lasts and par for the shares is $25 since they are viewed more like a bond.

Since it is a single company then it has more risk than a Mutual Fund but how risky would you view it as a hold till called?

Thank you for all information in advance.
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