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Pricing Supplement (To the Product Supplement dated May 3, 2024, and the Base Prospectus dated May 3, 2024)AUTOCALLABLE DUAL DIRECTIONAL NOTES LINKED TO THE PERFORMANCE OF NVIDIA CORPORATION DATED
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Auto callable contingent interest refers to a type of investment or financial instrument that offers interest payments that can be automatically called or terminated based on certain conditions, typically related to the performance of an underlying asset.
Individuals or entities that hold auto callable contingent interest investments are typically required to file relevant tax forms or disclosures, depending on the jurisdiction and applicable tax laws.
To fill out the relevant forms for auto callable contingent interest, one should provide details such as the type of instrument, interest income received, and any applicable adjustments based on the investment's performance metrics.
The purpose of auto callable contingent interest is to provide investors with a structured product that can yield returns based on specific market conditions while having built-in mechanisms for early redemption.
Information that must be reported includes the amount of interest earned, the terms of the investment, the callable features, and details about any underlying assets that influence the interest payments.
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