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Rhonda and Reggie Hotspur Are Working Hard to Save for Their

Question 103

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Rhonda and Reggie Hotspur are working hard to save for their children's college educations. They don't need more cash for current consumption but will face big tuition bills in 2020. Should they therefore avoid investing in stocks that pay generous current cash dividends? Explain briefly.

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Rhonda and Reggie need not avoid high-di...

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