The amount of cash needed to retire baldwin's bond early based on the brokerage will be $5427896.
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.
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