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A 2% coupon, 10-year maturity TIPS is issued on July 15, 2020 for 100, its par value. If the CPI increases by 22% over the
A 2% coupon, 10-year maturity TIPS is issued on July 15, 2020 for 100, its par value. If the CPI increases by 22% over the 10-year life of the bond, then the investor will receive a final coupon of _____ and principal repayment of _____ on the maturity date of July 15, 2030.
2.44, 100
| |
1.22, 100
| |
1.22, 122
| |
2, 122
| |
1, 122 |
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