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
Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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