Question
Consider a 3.05 percent TIPS with an issue CPI reference of 204.8. The bond is purchased at the beginning of the year (after the interest
| Consider a 3.05 percent TIPS with an issue CPI reference of 204.8. The bond is purchased at the beginning of the year (after the interest payment), when the CPI was 214.7. For the interest payment in the middle of the year, the CPI was 217.7. Now, at the end of the year, the CPI is 221.4 and the interest payment has been made. |
| What is the total return of the TIPS in dollars?(Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Total return | $ |
| What is the total return of the TIPS in percentage?(Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Total return | % |
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Ethical Obligations And Decision Making
Authors: Steven Mintz
1st Edition
0078025281, 9780078025280
