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The frequency response of a characteristically terminated transmission line, with multiple lumped discontinuities (output port loads) along the line, is determined. The analysis applies steady-state transmission-line solutions and simple circuit analysis methods in an iterative manner to determine the frequency response of each output port. This method is applied to the case of equally spaced capacitive reactance impedances along the transmission-line length. The phase and amplitude distortion resulting from line losses and output loading are determined.