Question
15. TIPS Capital Return Consider a 2.50% TIPS with an issue CPI reference of 184.50. At the beginning of this year, the CPI was 191.60
15. TIPS Capital Return Consider a 2.50% TIPS with an issue CPI reference of 184.50. At the beginning of this year, the CPI was 191.60 and was at 201.40 at the end of the year. What was the capital gain of the TIPS in percentage terms? (Do not round the intermediate steps. Round your final answer to 2 decimal places.)
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
12th Edition
1439044473, 978-1439044476
