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Summary In the final article of this three-part series, we cover another cumulative issue paying an attractive 8.20% yield on par. As a bonus, we are able to obtain this preferred modestly below par, mitigating call risk and augmenting our total return. We will go through the firm’s financial […]
Click here to view original web page at Preferred Series Part III: Cherry Hill Mortgage’s 8.2% Cumulative Preferred Trading Under Par