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Assuming no brokerage fees, calculate the amount of cash needed to retire Baldwin's 12.4S2024 bond early. Face $5,827,834 Yield 13.2% Close$ 94.18 S&P CC Next

Assuming no brokerage fees, calculate the amount of cash needed to retire Baldwin's 12.4S2024 bond early.

Face $5,827,834

Yield 13.2%

Close$ 94.18

S&P CC

Next year's prime rate is 9%

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