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Caleb buys a ( n ) 8 . 3 1 % corporate bond with a current yield of 9 . 3 6 % . When

Caleb buys a(n)8.31% corporate bond with a current yield of 9.36%. When he sells the bond one year later,
the current yield on the bond is 6.95%. How much did Caleb make on this investment?
The amount Caleb made on this investment is $.(Round to the nearest cent.)
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