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JPMorgan redeems $15.7 million of absolute return notes on Citigroup
By Marisa Wong
Madison, Wis., April 25 - JPMorgan Chase & Co. gave notice that it redeemed its $15,696,050 of outstanding contingent absolute return autocallable optimization securities due Jan. 28, 2013 linked to the common stock of Citigroup Inc.
The notes (Cusip: 48126B574) were redeemed on April 24 at par plus an annualized call return of 19.87%.
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