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Consider a 4 . 0 0 percent TIPS with an issue CPI reference of 1 9 1 . 6 . The bond is purchased at

Consider a 4.00 percent TIPS with an issue CPI reference of 191.6. The bond is purchased at the beginning of the year (after the
interest payment), when the CPI was 199.5. For the interest payment in the middle of the year, the CPI was 201.1. Now, at the end of the
year, the CPI is 205.6 and the interest payment has been made.
What is the total return of the TIPS in dollars?
What is the total return of the TIPS in percentage?
Note: Do not round intermediate calculations. Round your final answers to 2 decimal places.
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