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Consider a 3.00% TIPS with an issue CPI reference of 184.30. At the beginning of this year, the CPI was 195.60 and was at 200.70

Consider a 3.00% TIPS with an issue CPI reference of 184.30. At the beginning of this year, the CPI was 195.60 and was at 200.70 at the end of the year. What was the capital gain of the TIPS in dollars? (Round your answer to 2 decimal places.)

A. $27.68

B. $1640

C. $11.30

D. $5.10

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