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2. What principal payment was made on January 15, 2030? 3. What coupon payment was made on January 15, 2030? On January 15, 2020, the
2. What principal payment was made on January 15, 2030?
3. What coupon payment was made on January 15, 2030?
On January 15, 2020, the U.S. Treasury issued a ten-year inflation indexed note with a coupon of 5%. On the date of issue, the CPI (consumer price index) was 422. By January 15, 2030, the CPI index had decreased to 296. What principal and coupon payment was made on January 15, 2030? The CPI index deppreciated b Round to five decimal places.)Step by Step Solution
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