Question
A TIPS of 3,500 percent has an original benchmark CPI of 186.0.If the current CPI is 211.3, what is the face value and current interest
A TIPS of 3,500 percent has an original benchmark CPI of 186.0. If the current CPI is 211.3, what is the face value and current interest payment of the TIPS? (Do not round intermediate calculations and round your final answers to 2 decimal places.) |
Valor nominal | ps |
Interest payment | ps |
Consider the following three bond quotes: a Treasury note trading at 98:25, a corporate bond trading at 103.20, and a municipal bond trading at 101.85. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the dollar price of these three bonds? (Do not round intermediate calculations and round your final answers to 2 decimal places.) |
treasure note | ps |
corporate bonds | ps |
municipal bond | ps |
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian edition
119-49633-5, 1119496497, 1119496330, 978-1119496496
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