Which are true about TIPS? I. The interest payment is constant, and the principal is adjusted for
Question:
Which are true about TIPS?
I. The interest payment is constant, and the principal is adjusted for inflation or deflation.
II. The interest payment is variable, and the principal is adjusted for inflation or deflation.
III. The interest rate is fixed.
IV. The interest rate is variable.
A. I, III.
B. I, II.
C. II, III.
D. III, IV.
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Related Book For
Essentials Of Personal Financial Planning
ISBN: 9781945498237
1st Edition
Authors: Susan M. Tillery, Thomas N. Tillery
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