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Problem 1: 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

Problem 1:

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:

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