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To: E_K_S who wrote (81143)8/10/2009 11:52:38 AM
From: marty009Read Replies (1) | Respond to of 118717
 
EKS,
Thanx for reply.
I look at DRU as a pfd which is classified as debt security...so that the issuer can write off the interest as an expense. I would rather get 8% on pfd in my IRA... than 5% from the common. Also, some added safety over the common.

Marty