On January 15, 2030, the U.S. Treasury issued a 10-year inflation-indexed note with a coupon of 6%.

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On January 15, 2030, the U.S. Treasury issued a 10-year inflation-indexed note with a coupon of 6%. On the date of issue, the CPI was 400. By January 15, 2040, the CPI had decreased to 300.

What principal and coupon payment was made on January 15, 2040?

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Corporate Finance

ISBN: 9780137845071

6th Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Jun 12, 2024 02:04 AM

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On January 15, 2030, the U.S. Treasury issued a 10-year inflation-indexed note with a coupon of 6%.

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Corporate Finance

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