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Re: hnstabe post# 410509

Friday, 05/12/2017 1:32:33 AM

Friday, May 12, 2017 1:32:33 AM

Post# of 795762
The preferreds aren't "ultimately" related to market price because their value is a set amount. Par value is a contract that is more reliant on the equity value of the company than its return on invested capital / net income.