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lol..actually, PR represents the value of a site itself. you will not have a high serp if you have a low pr. pr and serps are directly connected to each other.
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Wrong!
higher PR don't mean your ranking will be high for your keyword. Please update your knowledge again...
PR 0 can get top ranking, if you do the right seo, maybe the right of using of anchor text, or got links with relevance theme site.