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4 . A client of United Sisters Inc. has asked the following question:She is considering purchasing a coupon bond between interest paying dates, is the

4 .

A client of United Sisters Inc. has asked the following question:She is considering purchasing a coupon bond between interest paying dates, is the amount she would pay to United Sisters Inc.

(

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.

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