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The following bond was quoted in The Wall Street Journal: Bonds: NY Tel 7 1/14 11 Curr.yld: 9.5 Vol. 10 Close: 113.875 Net chg.: +

The following bond was quoted in The Wall Street Journal:

Bonds: NY Tel 7 1/14 11

Curr.yld: 9.5

Vol. 10

Close: 113.875

Net chg.: + 1.125

4 bonds were purchased yesterday, and 4 bonds were purchased today. How much more did the 4 bonds cost today? (Round your answer to the nearest cent.)

Increased cost $

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