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JPMorgan to price return enhanced notes linked to Deere stock
By Jennifer Chiou
New York, Aug. 24 - JPMorgan Chase & Co. plans to price 0% return enhanced notes due Oct. 31, 2012 linked to Deere & Co. shares, according to an FWP with the Securities and Exchange Commission.
The payout at maturity will be par plus double any gain in Deere shares, up to a maximum return of 40%.
Investors will share in any losses.
The notes (Cusip: 48125XT48) will price on Aug. 26 and settle on Aug. 31.
J.P. Morgan Securities LLC is the agent.
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