Be aware that there are also negative consequences for accessibility since the outlined characters aren’t live text and won’t be read by any assistive technology. In some cases you may be able to use the obscure command Create Outlines Without Deleting Text after positioning your drop cap exactly where you want it to be and selecting it. This command doesn’t appear in any menu. You can only apply it with the keyboard shortcut Command+Shift+Option+O/Ctrl+Shift+Alt+O. The live text will be preserved directly underneath the outlined drop cap.
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