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Yes, using the ctrl K shortcut it works on most writing sites including Hubpages and Factoidz.
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Yes. I do it and it works well. The hyperlink carries along intact when you paste the text into a text capsule.
Yes you can. I do it all the time. My hubs are always typed in MS word and then later copied into capsules.
Thank you both for the help. Both answers were very useful
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Copyright © 2017 HubPages Inc. and respective owners.