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JPMorgan redeems $1.18 million absolute return notes on Amazon.com
By Marisa Wong
Madison, Wis., Aug. 15 - JPMorgan Chase & Co. redeemed all $1,180,190 of its outstanding contingent absolute return autocallable optimization securities due May 20, 2013 linked to the common stock of Amazon.com, Inc., according to a notice.
The securities (Cusip: 46637G645) were redeemed on Aug. 15 at 102.813. The redemption price includes an annualized call return of 11.25%.
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