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Money Market Preferred Stock (MMPS)
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Preferred stock featuring dividends reset at a Dutch Auction. These go by a variety of names, including Cumulative Auction Market Preferred Stock (CAMPS), Market Auction Preferred Stock (MAPS), Fixed Rate Auction Preferred Stock (FRAPS), Dutch Auction Rate Transferable Securities (DARTS), Short-Term Auction Rate Cumulative Preferred Stock (STARS), and Stated Rate Auction Preferred Stock (SRAPS). See Auction Rate Preferred Stock (ARPS), Dutch Auction Interest and Dividend Reset.
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