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JPMorgan redeems $364,000 absolute return notes tied to Amazon.com
By Marisa Wong
Madison, Wis., Sept. 19 - JPMorgan Chase & Co. gave notice that it redeemed in full its $364,000 of outstanding contingent absolute return autocallable optimization securities due June 21, 2013 linked to the common stock of Amazon.com, Inc.
The securities (Cusip: 48126E404) were redeemed on Sept. 18 at 103.688. The redemption price includes an annualized call return of 14.75%.
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