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PERQS |
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PERQS Debt securities, issued by Morgan Stanley, with a maturity value linked to the value of the underlying stock to which the security is linked. PERQS are convertible into the underlying stock, and pay fixed quarterly interest rates (the dollar value of which depends on the value of the underlying). Unlike some other debt securities, they are not redeemable early. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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