Question
A 3.625 percent TIPS has an original reference CPI of 180.1. If the current CPI is 206.4, what is the par value and current interest
A 3.625 percent TIPS has an original reference CPI of 180.1. If the current CPI is 206.4, what is the par value and current interest payment of the TIPS? (Do not round intermediate calculations and round your final answers to 2 decimal places.)
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Fixed Income Markets And Their Derivatives
Authors: Suresh Sundaresan
3rd Edition
0123850517, 978-0123704719
