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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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