Question
A $1,000 TIPS(Treasury Inflation-ProtectedSecurity) is currently selling for $941 and carries a coupon interest rate of 2.36 percent. Question : With a 2.75 percent annual
A $1,000 TIPS(Treasury Inflation-ProtectedSecurity) is currently selling for $941 and carries a coupon interest rate of 2.36 percent.
Question : With a 2.75 percent annual inflation rate andten-year maturityperiod, the par value at maturity would be?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
