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5) I f an investor purchases a 3%, 5-year Treasury Inflation Protected Security(TIPS) at its par value of $1,000 and the CPI increases 4%, over

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5) I f an investor purchases a 3%, 5-year Treasury Inflation Protected Security(TIPS) at its par value of $1,000 and the CPI increases 4%, over each of the next 5 years, what will be the teal return for the investor holding the bond until its maturity? Less than 3% Exactly 300 More than 3% It cannot be determined with the available information. A. B. C. D

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