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Sagot :
The amount of cash needed to retire baldwin's bond early based on the brokerage will be $5427896.
How to calculate the cash?
It should be noted that from the information given, we are to calculate the amount of cash needed to retire baldwin's bond early based on the brokerage.
This will be:
= 6000 + (5756951 × 94.18/100)
= 6000 + 5421896.45
= 5427896
Therefore, the amount of cash needed to retire baldwin's bond early based on the brokerage will be $5427896.
Learn more about brokerage on:
brainly.com/question/14898119
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