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above par |
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If the preferred stock has a lower yield than the publicly traded
stock, it would sell below par value in order to raise the effective
yield; if it has a higher yield, it would sell above par value. But with the leaderboard
featuring scores above par all day, he put himself in contention at No. There are days when I hit two below par on a
front nine, but on the back nine I'm four above par. |
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