Caroline buys an 8% corporate bond with a current yield of 5%. When she sells the bond

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Caroline buys an 8% corporate bond with a current yield of 5%. When she sells the bond one year later, the current yield on the bond is 6%. How much did Caroline make on this investment?

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Related Book For  answer-question

Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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