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JPMorgan redeems $1.09 million absolute return notes on Hartford
By Marisa Wong
Madison, Wis., Nov. 15 - JPMorgan Chase & Co. gave notice that it redeemed in full its $1,087,200 of outstanding contingent absolute return autocallable optimization securities due Aug. 16, 2013 linked to the common stock of Hartford Financial Services Group, Inc.
The securities (Cusip: 46637G348) were redeemed on Nov. 14 at 103.475. The redemption price includes an annualized call return of 13.9%.
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