Question: Cateb buys a(n) 7 34% corporate bond with a current yield of 6.22%. When he sells the bond one year later, the current yield on
Cateb buys a(n) 7 34% corporate bond with a current yield of 6.22%. When he sells the bond one year later, the current yield on the bond is 7.18% How much did Caleb make on this investment? The amount Caleb made on this investment is $ (Round to the nearest cont.)
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