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URL:  https://boards.fool.com/let-me-see-if-i-have-this-right-you-expect-to-get-31135634.aspx

Subject:  Re: Preferred stock question Date:  2/25/2014  12:43 AM
Author:  MisterFungi Number:  35208 of 36693

Let me see if I have this right. You expect to get 3 more dividends of $.6563, or $1.97, and the preferred is selling at $1.70 over par, which suggests that it will get called at the end of Sept. So we're talking about a net of $.27 on an investment of $26.70 (i.e., approx 1%) in a somewhat risky, probably fairly illiquid preferred.

Am I missing something? If not, why would you want to do that?
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