Question: Caleb buys a(n) 10.07% corporate bond with a current yield of 6.89%. When he sells the bond one year later, the current yield on the

Caleb buys a(n) 10.07% corporate bond with a current yield of 6.89%. When he sells the bond one year later, the current yield on the bond is 7.13 %. How much did Caleb make on this investment? Question content area bottom Part 1 The amount Caleb made on this investment is $ enter your response here. (Round to the nearest cent.)

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