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Re: LexingtonVIII post# 23613

Monday, 05/13/2013 1:20:48 PM

Monday, May 13, 2013 1:20:48 PM

Post# of 111131
There are many Preferreds at 7%+ coupon that are highly rated and trade for more than their face value.

I checked one about a month ago that was a 7.5% coupon and trading at $27.50 or so since interest rates are low.

You can easily check this on any stock screen available through your broker.

What is your point?