Question
Consider a 4.80 percent TIPS with an issue CPI reference of 201.2. The bond is purchased at the beginning of the year (after the interest
| Consider a 4.80 percent TIPS with an issue CPI reference of 201.2. The bond is purchased at the beginning of the year (after the interest payment), when the CPI was 209.1. For the interest payment in the middle of the year, the CPI was 210.7. Now, at the end of the year, the CPI is 215.2 and the interest payment has been made. total return of tips in dollars? total return of tips in percentage? |
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Analysis For Financial Management
Authors: Robert Higgins
6th Edition
0071181172, 9780071181174
