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MSP430FR2433: OOB launchpad software shows immediate rapid red blinking LED

Part Number: MSP430FR2433

Powered up MSP430FR2433 launchpad.  Get red LED rapid blinking immediately after power up. Expected one brief blink at about a 5 second interval per the application description. Connected a terminal program at the correct baud rate and did not receive anything from the app after pressing S1 pushbutton.

Are additional steps necessary to get the OOB app to work or did I receive a bum launchpad?

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