Results of Negotiated Sales

ALASKA

Alaska Municipal Bond Bank

Oct 31, 2013 . . . . . . $72,045,000

General Obligation Bonds, 2013 Series Three (book entry)

Dated Nov 14, 2013.

Due Aug 1, 2014 to 2048.

First coupon Aug 1, 2014.

2024-2048 Callable Aug 1, 2023 at par.

Purchased through negotiation by RBC Capital Markets, KeyBanc Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
8/1/14 $1,540,000 2.00% 0.21%
8/1/15 $2,015,000 3.00% 0.37%
8/1/16 $2,055,000 1.50% 0.60%
8/1/17 $2,115,000 4.00% 0.88%
8/1/18 $2,200,000 4.00% 1.16%
8/1/19 $2,270,000 2.00% 1.64%
8/1/20 $2,350,000 5.00% 2.00%
8/1/21 $2,460,000 4.00% 2.37%
8/1/22 $2,575,000 5.00% 2.57%
8/1/23 $2,705,000 5.00% 2.78%
8/1/24 $1,920,000 5.00% 2.96%
8/1/25 $2,015,000 5.00% 3.14%
8/1/26 $2,115,000 5.00% 3.32%
8/1/27 $2,230,000 5.00% 3.47%
8/1/28 $2,340,000 5.00% 3.61%
8/1/29 $2,460,000 5.00% 3.73%
8/1/30 $2,570,000 4.00% 4.15%
8/1/31 $3,595,000 5.00% 3.95%
8/1/32 $3,780,000 5.00% 4.05%
8/1/33 $3,975,000 5.00% 4.11%
8/1/35 $2,155,000 5.00% 4.24%
8/1/36 $1,155,000 4.50% 4.499%
8/1/42 $8,280,000 5.00% 4.46%
8/1/48 $11,170,000 5.00% 4.60%

L.O.: Wohlforth, Brecht, Cartledge & Brooking, Anchorage, AK.

F.A.: Western Financial Group, LLC, Portland, OR.

CALIFORNIA

Bear Valley Unified School District

Oct 31, 2013 . . . . . . $5,810,000

2013 Certificates of Participation (bank qualified) (book entry)

Dated Nov 13, 2013.

Due Oct 1, 2033 to 2038.

First coupon Oct 1, 2014.

2033-2038 Callable Oct 1, 2023 at par.

Purchased through negotiation by Crews & Associates, Inc., as follows:

Due Amount Cpn Reoffered Ins
10/1/33 $3,465,000 4.00% 4.00% AGM
10/1/38 $2,345,000 4.75% 5.02% AGM

L.O.: Kronick, Moskovitz, Tiedemann & Girard, Sacramento, CA.

Julian Union High School District

Oct 31, 2013 . . . . . . $2,099,195

General Obligation Capital Appreciation Bonds, 2010 Election, Series A (bank qualified) (book entry) $1,117,088.

Dated Nov 13, 2013.

Due Aug 1, 2021 to 2029.

2024-2029 Callable Aug 1, 2023 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:

Due Amount Cpn Reoffered Ins
8/1/21 $185,302 0.00% 3.38%
8/1/22 $127,566 0.00% 3.66%
8/1/23 $126,625 0.00% 3.94%
8/1/24 $121,703 0.00% 4.20%
8/1/25 $119,282 0.00% 4.46%
8/1/26 $116,029 0.00% 4.72%
8/1/27 $110,381 0.00% 4.92%
8/1/28 $106,920 0.00% 5.12%
8/1/29 $103,280 0.00% 5.30%

General Obligation Convertible Capital Appreciation Bonds, 2010 Election, Series A (Conversion Rate: 5.25%) (bank qualified) (book entry) $982,107.

Dated Nov 13, 2013.

Due Aug 1, 2034.

2030-2034 Callable Aug 1, 2023 at par.

Due Amount Cpn Reoffered Ins
8/1/34 $982,107 0.00% 5.25%

L.O.: Bowie, Arneson, Wiles & Giannone, Newport Beach, CA.

F.A.: Fieldman, Rolapp & Associates, Irvine, CA.

Val Verde Unified School District

Nov 1, 2013 . . . . . . $28,770,000

2013 General Obligation Bond Anticipation Notes (book entry)

Dated Nov 14, 2013.

Due Aug 1, 2018.

First coupon Feb 1, 2014.

2018-2018 Callable Aug 1, 2016 at par.

Purchased through negotiation by Piper Jaffray & Company, as follows:

Due Amount Cpn Reoffered Ins
8/1/18 $28,770,000 3.00% 1.87%

L.O.: Fulbright & Jaworski, Los Angeles, CA.

F.A.: Fieldman, Rolapp & Associates, Irvine, CA.

ILLINOIS

Bensenville School District No. 2

Oct 31, 2013 . . . . . . $7,990,000

Refunding Bonds, Series 2013A (Limited Tax) (bank qualified) (book entry) $2,100,000.

Dated Nov 5, 2013.

Due Jan 1, 2016 to 2024.

First coupon Feb 1, 2014.

2023-2024 Callable Jan 1, 2022 at par.

Purchased through negotiation by Mesirow Financial, Inc., as follows:

Due Amount Cpn Reoffered Ins
1/1/16 $200,000 3.00% 0.75%
1/1/17 $200,000 3.00% 1.05%
1/1/18 $200,000 3.00% 1.375%
1/1/19 $250,000 3.00% 1.65%
1/1/20 $250,000 3.00% 1.95%
1/1/21 $250,000 3.00% 2.25%
1/1/22 $250,000 3.00% 2.50%
1/1/23 $250,000 3.00% 2.70%
1/1/24 $250,000 3.00% 2.90%

Debt Certificates, Series 2013B (bank qualified) (book entry) $5,285,000.

Dated Nov 5, 2013.

Due Feb 1, 2016 to 2020.

First coupon Feb 1, 2014.

Non-callable.

Due Amount Cpn Reoffered Ins
2/1/16 $1,000,000 3.00% 0.85%
2/1/17 $1,030,000 3.00% 1.15%
2/1/18 $1,055,000 3.00% 1.47%
2/1/19 $1,100,000 3.00% 1.85%
2/1/20 $1,100,000 3.00% 2.15%

L.O.: Chapman and Cutler, Chicago, IL.

Berwyn (City)

Oct 31, 2013 . . . . . . $5,705,000

General Obligation Bonds, Series 2013A (bank qualified) (book entry)

Dated Nov 7, 2013. Interest accrues Nov 7, 2013.

Due Dec 1, 2027.

First coupon Jun 1, 2014.

2027-2027 Callable Dec 1, 2023 at par.

Purchased through negotiation by Oppenheimer & Co., Inc., George K. Baum & Co., as follows:

Due Amount Cpn Reoffered Ins
12/1/27 $5,705,000 5.00% 4.625%

L.O.: Arnstein & Lehr, Chicago, IL.

Illinois Finance Authority

Oct 30, 2013 . . . . . . $28,645,000

Revenue Bonds (Benedictine University Project), Series 2013A (book entry)

Dated Nov 20, 2013.

Due Oct 1, 2014 to 2033.

First coupon Apr 1, 2014.

2021-2033 Callable Oct 1, 2020 at par.

Purchased through negotiation by George K. Baum & Co., as follows:

Due Amount Cpn Reoffered Ins
10/1/14 $865,000 3.00% 0.96%
10/1/15 $1,040,000 3.00% 1.47%
10/1/16 $1,145,000 4.00% 1.87%
10/1/17 $1,185,000 4.00% 2.37%
10/1/18 $1,220,000 4.00% 2.97%
10/1/19 $1,175,000 5.00% 3.42%
10/1/20 $1,235,000 5.00% 3.80%
10/1/21 $1,280,000 5.375% 4.10%
10/1/22 $1,380,000 5.375% 4.31%
10/1/23 $1,355,000 5.375% 4.48%
10/1/24 $1,450,000 5.375% 4.64%
10/1/28 $4,700,000 6.00% 5.07%
10/1/33 $10,615,000 6.25% 5.72%

L.O.: Ice Miller, Lisle, IL.

Lawrence County Community Unit School District No. 20

Nov 1, 2013 . . . . . . $5,830,000

Refunding Bonds, Series 2013 (Alternative Revenue Source) (bank qualified) (book entry)

Dated Nov 29, 2013.

Due Dec 30, 2014 to 2034.

First coupon Jun 30, 2014.

2022-2034 Callable Dec 30, 2021 at par.

Purchased through negotiation by D.A. Davidson & Co, as follows:

Due Amount Cpn Reoffered Ins
12/30/14 $100,000 2.00% 0.75% BAM
12/30/15 $135,000 2.00% 0.90% BAM
12/30/18 $145,000 1.80% 1.80% BAM
12/30/19 $170,000 3.00% 2.00% BAM
12/30/20 $190,000 3.00% 2.35% BAM
12/30/21 $210,000 3.00% 2.65% BAM
12/30/22 $230,000 3.00% 2.80% BAM
12/30/23 $250,000 3.00% 3.00% BAM
12/30/24 $270,000 3.25% 3.25% BAM
12/30/25 $295,000 3.40% 3.40% BAM
12/30/26 $325,000 3.60% 3.60% BAM
12/30/27 $350,000 3.75% 3.75% BAM
12/30/28 $385,000 4.00% 3.90% BAM
12/30/30 $855,000 4.50% 4.10% BAM
12/30/32 $950,000 4.50% 4.30% BAM
12/30/33 $505,000 5.00% 4.35% BAM
12/30/34 $465,000 4.40% 4.65% BAM

L.O.: Chapman and Cutler, Chicago, IL.

KANSAS

Kansas Development Finance Authority

Nov 1, 2013 . . . . . . $40,000,000

Health Facilities Revenue Bonds (Stormont-Vail Healthcare Inc.), Series 2013 J (book entry)

Dated Nov 21, 2013.

Due Nov 15, 2014 to 2038.

First coupon May 15, 2014.

2023-2038 Callable Nov 15, 2022 at par.

Purchased through negotiation by Piper Jaffray & Company, as follows:

Due Amount Cpn Reoffered Ins
11/15/14 $80,000 2.00% 0.75%
11/15/15 $105,000 2.00% 1.00%
11/15/16 $105,000 2.00% 1.20%
11/15/17 $115,000 2.00% 1.50%
11/15/18 $125,000 3.00% 1.85%
11/15/19 $145,000 3.00% 2.25%
11/15/22 $160,000 4.00% 3.35%
11/15/23 $235,000 4.00% 3.60%
11/15/25 $370,000 4.00% 4.00%
11/15/26 $200,000 4.00% 4.13%
11/15/27 $210,000 4.125% 4.26%
11/15/28 $945,000 4.25% 4.41%
11/15/33 $7,370,000 4.75% 4.91%
11/15/38 $29,835,000 5.00% 5.13%

L.O.: Gilmore & Bell, Kansas City, MO.

MISSOURI

Maries County R-I School District

Oct 31, 2013 . . . . . . $1,850,000

General Obligation Refunding Bonds, Series 2013 (book entry)

Dated Dec 19, 2013.

Due Mar 1, 2015 to 2026.

First coupon Sep 1, 2014.

2017-2026 Callable Mar 1, 2016 at par.

Purchased through negotiation by L.J. Hart & Company, as follows:

Due Amount Cpn Reoffered Ins
3/1/15 $125,000 2.00% 0.50% MO DD
3/1/16 $125,000 2.00% 0.75% MO DD
3/1/17 $125,000 2.00% 1.00% MO DD
3/1/18 $150,000 1.25% 1.25% MO DD
3/1/19 $150,000 1.50% 1.50% MO DD
3/1/20 $150,000 1.75% 1.75% MO DD
3/1/21 $150,000 2.00% 2.00% MO DD
3/1/22 $170,000 2.20% 2.20% MO DD
3/1/23 $170,000 2.50% 2.50% MO DD
3/1/24 $170,000 2.65% 2.65% MO DD
3/1/25 $180,000 2.80% 2.80% MO DD
3/1/26 $185,000 3.00% 3.00% MO DD

L.O.: Spencer Fane Britt & Browne LLP, Clayton, MO.

NEBRASKA

Grand Island (City)

Oct 31, 2013 . . . . . . $36,915,000

Electric System Revenue Bonds, Series 2013 (book entry)

Dated Nov 26, 2013. Interest accrues Nov 26, 2013.

Due Aug 15, 2014 to 2028.

First coupon Aug 15, 2014.

2024-2028 Callable Nov 26, 2023 at par.

Purchased through negotiation by Ameritas Investment Corp., as follows:

Due Amount Cpn Reoffered Ins
8/15/14 $1,580,000 0.25% 0.25%
8/15/15 $1,145,000 2.00% 0.43%
8/15/16 $1,165,000 3.00% 0.65%
8/15/17 $1,300,000 3.00% 0.98%
8/15/18 $1,240,000 3.00% 1.29%
8/15/19 $1,450,000 3.00% 1.75%
8/15/20 $1,580,000 4.00% 2.11%
8/15/21 $1,425,000 4.00% 2.46%
8/15/22 $1,425,000 5.00% 2.70%
8/15/23 $3,635,000 5.00% 2.92%
8/15/24 $3,820,000 5.00% 3.13%
8/15/25 $4,010,000 5.00% 3.31%
8/15/26 $4,210,000 3.50% 3.70%
8/15/27 $4,355,000 5.00% 3.68%
8/15/28 $4,575,000 5.00% 3.85%

L.O.: Gilmore & Bell, Omaha, NE.

NEW JERSEY

Essex County

Oct 31, 2013 . . . . . . $24,050,000

General Improvement Refunding Bonds, Series 2013A County College Refunding Bonds, Series 2013B (book entry) $23,035,000.

Dated Nov 26, 2013.

Due Oct 1, 2016 to 2019.

First coupon Apr 1, 2014.

Non-callable.

Purchased through negotiation by Raymond James & Associates, Inc., as follows:

Due Amount Cpn Reoffered Ins
10/1/16 $6,095,000 4.00% 0.60%
10/1/17 $6,340,000 4.00% 0.89%
10/1/18 $5,200,000 4.00% 1.21%
10/1/19 $5,400,000 5.00% 1.59%

County Vocational School Refunding Bonds, Series 2013C (book entry) $1,015,000.

Dated Nov 26, 2013.

Due Oct 1, 2016 to 2020.

First coupon Apr 1, 2014.

Non-callable.

Due Amount Cpn Reoffered Ins
10/1/16 $195,000 2.00% 0.60% NJ SB
10/1/17 $200,000 2.00% 0.89% NJ SB
10/1/18 $205,000 2.00% 1.21% NJ SB
10/1/19 $205,000 2.00% 1.59% NJ SB
10/1/20 $210,000 2.00% 2.00% NJ SB

L.O.: Gibbons P.C., Newark, NJ.

Middlesex County Improvement Authority

Oct 24, 2013 . . . . . . $13,840,000

County Guaranteed Capital Equipment and Improvement Revenue Bonds, Series 2013 (book entry)

Dated Nov 7, 2013.

Due Oct 15, 2014 to 2023.

First coupon Apr 15, 2014.

Non-callable.

Purchased through negotiation by NW Capital a division of Windsor Financial Group, as follows:

Due Amount Cpn Reoffered Ins
10/15/14 $2,450,000 2.00% 0.28%
10/15/15 $2,470,000 3.00% 0.47%
10/15/16 $2,545,000 3.00% 0.72%
10/15/17 $2,620,000 4.00% 1.05%
10/15/18 $2,725,000 4.00% 1.38%
10/15/19 $190,000 4.00% 1.81%
10/15/20 $200,000 4.00% 2.17%
10/15/21 $205,000 4.00% 2.49%
10/15/22 $215,000 4.00% 2.66%
10/15/23 $220,000 4.00% 2.83%

L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.

F.A.: Phoenix Advisors, LLC, Bordentown, NJ.

OHIO

Clyde-Green Springs Exempted Village School District

Oct 31, 2013 . . . . . . $2,235,000

Refunding Bonds, Series 2013 (General Obligation) (bank qualified) (book entry) $2,020,000.

Dated Nov 21, 2013.

Due Dec 1, 2014 to 2031.

First coupon Jun 1, 2014.

2020-2031 Callable Jun 1, 2020 at par.

Purchased through negotiation by Ross, Sinclaire & Associates LLC, as follows:

Due Amount Cpn Reoffered Ins
12/1/14 $40,000 1.00% 0.70%
12/1/15 $40,000 1.00% 1.00%
12/1/16 $45,000 1.25% 1.25%
12/1/17 $45,000 2.00% 1.50%
12/1/19 $355,000 2.50% 1.95%
12/1/20 $115,000 2.25% 2.25%
12/1/21 $120,000 2.50% 2.55%
12/1/22 $120,000 2.75% 2.75%
12/1/23 $125,000 3.25% 2.90%
12/1/25 $265,000 3.20% 3.25%
12/1/28 $420,000 4.00% 3.80%
12/1/31 $330,000 4.20% 4.30%

Refunding Capital Appreciation Bonds, Series 2013 (General Obligation) (Maturity Value) (bank qualified) (book entry) $215,000.

Dated Nov 21, 2013.

Due Dec 1, 2018.

Non-callable.

Due Amount Cpn Reoffered Ins
12/1/18 $365,000 0.00% 2.08%

L.O.: Bricker & Eckler, LLP, Columbus, OH.

Lake County

Nov 1, 2013 . . . . . . $9,435,000

General Obligation (Limited Tax) Various Purpose Refunding Bonds, Series 2013 (bank qualified) (book entry)

Dated Nov 14, 2013.

Due Dec 1, 2014 to 2025.

First coupon Jun 1, 2014.

2023-2025 Callable Dec 1, 2022 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:

Due Amount Cpn Reoffered Ins
12/1/14 $80,000 1.25% 0.35%
12/1/15 $95,000 1.25% 0.51%
12/1/16 $100,000 1.25% 0.69%
12/1/17 $910,000 1.25% 0.90%
12/1/18 $940,000 1.50% 1.19%
12/1/19 $955,000 3.00% 1.59%
12/1/20 $980,000 3.00% 1.91%
12/1/21 $1,005,000 3.00% 2.18%
12/1/22 $1,035,000 3.50% 2.33%
12/1/23 $1,075,000 3.50% 2.49%
12/1/24 $1,110,000 3.50% 2.65%
12/1/25 $1,150,000 3.50% 2.81%

L.O.: Roetzel & Andress, Akron, OH.

Ohio Higher Educational Facility Commission

Oct 31, 2013 . . . . . . $42,120,000

Higher Educational Facility Revenue Refunding Bonds, Series 2013 (Case Western Reserve University Project) (book entry)

Dated Dec 3, 2013.

Due Dec 1, 2014 to 2023.

First coupon Jun 1, 2014.

Non-callable.

Purchased through negotiation by Morgan Stanley & Co., Inc., as follows:

Due Amount Cpn Reoffered Ins
12/1/14 $2,940,000 2.00% 0.22%
12/1/15 $3,050,000 3.00% 0.45%
12/1/16 $620,000 3.00% 0.73%
12/1/17 $15,075,000 4.00% 0.98%
12/1/19 $2,500,000 4.00% 1.80%
12/1/23 $17,935,000 5.00% 3.03%

L.O.: Squire Sanders (US) LLP, Columbus, OH.

PENNSYLVANIA

Bermudian Springs School District

Nov 1, 2013 . . . . . . $24,345,000

Variable Rate General Obligation Notes, Series 2013 (book entry) $4,900,000.

Dated Nov 12, 2013.

Due May 1, 2014 to 2015.

First coupon May 1, 2014.

Non-callable.

Purchased through negotiation by RBC Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
5/1/14 $2,405,000 n/a n/a PSAIP
5/1/15 $2,495,000 n/a n/a PSAIP

Variable Rate General Obligation Notes, Series 2013 (Mandatory Tender Date: 05/02/2016) (book entry) $19,445,000.

Dated Nov 12, 2013.

Due May 1, 2023.

First coupon May 1, 2014.

2023-2023 Callable Nov 2, 2015 at par.

Due Amount Cpn Reoffered Ins
5/1/23 $19,445,000 n/a n/a PSAIP

L.O.: Stock & Leader, York, PA.

Delaware County Vocational Technical School Authority

Nov 1, 2013 . . . . . . $28,455,000

Lease Revenue Bonds (Delaware County Intermediate Unit No. 25 Project), Series of 2013 (book entry)

Dated Nov 21, 2013.

Due Nov 1, 2015 to 2038.

First coupon May 1, 2014.

2024-2038 Callable Nov 1, 2023 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
11/1/15 $735,000 0.83% 0.83% BAM
11/1/16 $740,000 1.20% 1.20% BAM
11/1/17 $755,000 2.00% 1.63% BAM
11/1/18 $770,000 3.00% 1.93% BAM
11/1/19 $795,000 2.30% 2.40% BAM
11/1/20 $810,000 2.625% 2.75% BAM
11/1/21 $845,000 5.00% 3.10% BAM
11/1/22 $885,000 5.00% 3.30% BAM
11/1/23 $925,000 3.50% 3.53% BAM
11/1/24 $965,000 5.00% 3.70% BAM
11/1/25 $1,015,000 5.00% 3.86% BAM
11/1/26 $1,070,000 5.00% 4.02% BAM
11/1/27 $1,120,000 5.00% 4.17% BAM
11/1/28 $1,180,000 5.00% 4.32% BAM
11/1/33 $6,915,000 5.25% 4.75% BAM
11/1/35 $3,305,000 5.00% 4.97% BAM
11/1/38 $5,625,000 5.00% 5.02% BAM

L.O.: Dilworth Paxson, Philadelphia, PA.

Pitcairn Borough

Nov 1, 2013 . . . . . . $3,715,000

General Obligation Bonds, Series of 2013 (bank qualified) (book entry)

Dated Nov 26, 2013.

Due Aug 1, 2014 to 2043.

First coupon Feb 1, 2014.

2019-2043 Callable Aug 1, 2018 at par.

Purchased through negotiation by Piper Jaffray & Company, as follows:

Due Amount Cpn Reoffered Ins
8/1/16 $65,000 1.125% 1.35% BAM
8/1/18 $60,000 1.75% 1.90% BAM
8/1/22 $190,000 3.00% 3.10% BAM
8/1/25 $325,000 3.50% 3.60% BAM
8/1/28 $360,000 4.00% 4.06% BAM
8/1/33 $705,000 4.375% 4.55% BAM
8/1/38 $885,000 4.75% 4.90% BAM
8/1/43 $1,125,000 4.85% 5.00% BAM

L.O.: Cohen & Grigsby, P.C., Pittsburgh, PA.

TAXABLE ISSUES

ILLINOIS

Bensenville School District No. 2

Oct 31, 2013 . . . . . . $7,990,000

Debt Certificates, Series 2013C (book entry) (Taxable) $605,000.

Dated Nov 5, 2013.

Due Feb 1, 2014 to 2015.

First coupon Feb 1, 2014.

Non-callable.

Purchased through negotiation by Mesirow Financial, Inc., as follows:

Due Amount Cpn Reoffered Ins
2/1/14 $75,000 0.50% 0.50%
2/1/15 $530,000 0.75% 0.75%

L.O.: Chapman and Cutler, Chicago, IL.

NEW JERSEY

North Bergen Township Board of Education

Oct 31, 2013 . . . . . . $3,225,000

Refunding School Bonds (book entry) (Taxable)

Dated Nov 21, 2013.

Due Apr 1, 2014 to 2026.

First coupon Apr 1, 2014.

2024-2026 Callable Apr 1, 2023 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
4/1/14 $205,000 0.809% 0.809% NJ SB
4/1/15 $220,000 1.159% 1.159% NJ SB
4/1/16 $220,000 1.777% 1.777% NJ SB
4/1/17 $225,000 2.481% 2.481% NJ SB
4/1/18 $230,000 2.931% 2.931% NJ SB
4/1/19 $235,000 3.319% 3.319% NJ SB
4/1/20 $240,000 3.719% 3.719% NJ SB
4/1/21 $250,000 4.054% 4.054% NJ SB
4/1/22 $265,000 4.254% 4.254% NJ SB
4/1/23 $275,000 4.504% 4.504% NJ SB
4/1/26 $860,000 5.054% 5.053% NJ SB

L.O.: McManimon Scotland & Baumann, Roseland, NJ.

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Negotiated sales results
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