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4. A client of Dakota & Munroe has asked the following question: She is considering purchasing a coupon bond between interest paying dates, is the

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4. A client of Dakota & Munroe has asked the following question: She is considering purchasing a coupon bond between interest paying dates, is the amount she would pay to Dakota & Munroe (as a broker) for the bond more or less than the amount quoted in the financial quotation pages? Discuss the differences and how these differences arise. (6 Points)

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