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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: My broker has approached me to purchase the convertible debentures of Automotive Finco Corp He thinks that it close to another Carfinco

The yield is very tempting

What are your thoughts They have just increased the dividend Do they have the cash flow to support the dividend Would the common stock be less risky

Would Autocanada be a better buy

I would appreciate your insight

Paul
Read Answer Asked by Paul on June 20, 2017