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<br />- -------- ------------"----- --"------- <br /> <br />J <br /> <br />Regiona~ Municipal Bond Department - Room 321 <br />523 West Sixth Street. Suite 321. Los Angeles- California 90014 <br /> <br />(213) 488-2851 <br /> <br />~ <br />.errlll Lynch <br />Pierce <br />Fenner & Smith Inc. <br /> <br />. <br /> <br />Interest cost in accordance with the above bid: <br /> <br />.1L.t /.1, f'ofi, t I. 2. -ro <br />GIrOSS interest cost4 ,{;, 9... ~ <br />flvi JtS(t:.vd:- Joe.DD ..._iLum ~ (,")'f. q IS- <br />Net interest costlY ý/h f7"J.Ø .,.~ ~ <br />Effective interest ~ate (, (,] S.s <)¿¡ <br /> <br />. <br /> <br />ÆZf?~' <br />Merrill L~~~~~ <br /> <br />Fenner & Smith Inc. <br />- Manager - <br /> <br />. <br />