For the following string of ASCII-encoded characters, identify each character (assume odd parity):
\!\!\begin{matrix}\overbrace{\underset{\substack{ \!\!\!\!\boldsymbol\uparrow \\ \!\!\! \text{ Parity}\\[0.1cm]\!\!\! \text{bit}}}{\underline{ 0 \ \ }}\!\!\!\!\!\! \underset {\quad \text{MSB}\qquad \quad \qquad \qquad \text{LSB}}{\underline{\quad 1\ \ \ \ 0\ \ \ \ 0\ \ \ \ 1\ \ \ \ 1\ \ \ \ 1 \ \ \ \ 1 }}}^{\substack{\text{4F hex}\\[0.1cm] \text{O}}} \end{matrix} \ \ \ \begin{matrix}\overbrace{\underset{\substack{ \!\!\!\!\boldsymbol\uparrow \\ \!\!\! \text{ Parity}\\[0.1cm]\!\!\! \text{bit}}}{\underline{ 0 \ \ }}\!\!\!\!\!\! \underset {\quad\text{MSB}\qquad \quad \qquad \qquad \text{LSB}}{\underline{\quad 1\ \ \ \ 0\ \ \ \ 1\ \ \ \ 0\ \ \ \ 1\ \ \ \ 0 \ \ \ \ \ 0 }}}^{\substack{\text{54 hex}\\[0.1cm] \text{T}}} \end{matrix}\ \ \ \begin{matrix}\overbrace{\underset{\substack{ \!\!\!\!\boldsymbol\uparrow \\ \!\!\! \text{ Parity}\\[0.1cm]\!\!\! \text{bit}}}{\underline{ 0 \ \ }}\!\!\!\!\!\! \underset {\quad\text{MSB}\qquad \quad \qquad \qquad \text{LSB}}{\underline{\quad 0\ \ \ \ 0\ \ \ \ 1\ \ \ \ 0\ \ \ \ 1\ \ \ \ 1 \ \ \ \ 0}}}^{\substack{\text{16 hex}\\[0.1cm] \text{SYN Character}}}\quad 1 \quad 1 \end{matrix}