The following bond was quoted in The Wall Street Journal:
Bonds
NJ 4.125% 35
Current yield Volume
2.3%
5
Close
109.875%
Net change
+1.125%
Four bonds were purchased yesterday, and 4 bonds were purchased today. How much more did the 4 bonds cost today? (Do not
round intermediate calculations. Round your answer to the nearest cent.)
Increased cost
