Question: aleb buys a(n) 6.09 % corporate bond with a current yield of 7.41 %. When he sells the bond one year later, the current yield

aleb buys a(n)

6.09

%

corporate bond with a current yield of

7.41

%.

When he sells the bond one year later, the current yield on the bond is

7.71

%.

How much did Caleb make on this investment?

The amount Caleb made on this investment is

$nothing

.

(Round to the nearest cent.)

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