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If an investor purchases a 4%, 5-year TIPS at its par value of $1,000 and the CPI increases 5% over each of the next 5

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If an investor purchases a 4%, 5-year TIPS at its par value of $1,000 and the CPI increases 5% over each of the next 5 years, what will be the real value of the principal at maturity? O A. $1,000.00 B. $1,032.06 C. $1,060.90 D. $1,050.00

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