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The following bond was quoted in The Wall Street Journal: Bonds NJ 4.125% 35 Current yield 1.5% Volume 5 Close 97.875% Net change +1.2% Eight

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The following bond was quoted in The Wall Street Journal: Bonds NJ 4.125% 35 Current yield 1.5% Volume 5 Close 97.875% Net change +1.2% Eight bonds were purchased yesterday, and 5 bonds were purchased today. How much more did the 8 bonds cost today? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest cent.) Increased cost

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