Assume it is January 1, 2020 and the town of Belmont issues a five-year $10,000 Serial Bond
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Assume it is January 1, 2020 and the town of Belmont issues a five-year $10,000 Serial Bond maturing in 2024 with the following partial maturities:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667bf6699d706_041667bf66983f2b.jpg)
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![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667bf66a3e21f_042667bf66a29231.jpg)
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