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A munlcipel bond issue hns a serial comnponenl when. e the issue has bondls of varying lerm's to maturlty O only a sile coupon rate

A munlcipel bond issue hns a serial comnponenl when. e the issue has bondls of varying lerm's to maturlty O only a sile coupon rate wilt be paid 2 tax revenues are oledged for repayment Oholders of the bnds must report the, serial nummbers of the bonds to the lRs

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