Question
Consider a 3.25% TIPS with an issue CPI reference of 185.50. At the beginning of this year, the CPI was 198.00 and was at 203.10
Consider a 3.25% TIPS with an issue CPI reference of 185.50. At the beginning of this year, the CPI was 198.00 and was at 203.10 at the end of the year. What was the capital gain of the TIPS in dollars? (Round your answer to 2 decimal places.)
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
