Ch6-Q28. A newly issued TIPS with $1000 par, 4% coupon rate (paid annually) and 3 years to maturity. If inflation every year over next three years is 2%, what is the taxable income for the investor in the first year. 68.45 60.80 65.00 70.80 71.58

Ch6-Q28. A newly issued TIPS with $1000 par, 4% coupon rate (paid annually) and 3 years to maturity. If inflation every year over next three years is 2%, what is the taxable income for the investor in the first year. 68.45 60.80 65.00 70.80 71.58