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A special class of linear precoder-equalizer pair with equalizers formed by simple tapped delay lines is proposed. With this special equalizer structure, the equalizer of this system not only can enjoy the minimal implementation complexity, but also can avoid the noise amplification effect. Moreover, using nonmaximally decimated filterbank structure, this precoder-equalizer pair is proven to be able to guarantee intersymbol interference (ISI)-free communication by zero-forcing approach, even if spectral ing exists in the physical channel. Another advantage of this system is that the length of the guard period introduced by the precoder can be any positive integer values, thus the guard period can be designed to maximize the spectral efficiency by selecting it to be as short as one symbol per block of transmitted signal. A systematic method for designing a minimal transmit power finite-impulse response (FIR) precoder under the proposed precoder-equalizer pair structure is presented. Under the ISI channel with independent additive white Gaussian noise, the design of this minimal transmit power FIR precoder is shown to be a minimum mean square error precoder design. Simulation results are presented to illustrate the performance of the proposed precoder-equalizer structure and that of the transmit power minimized precoder.