Question
If you invest in a 3% coupon, $1000 face value, 2 year Treasury Inflation Protected Security (TIPS) and inflation is 8% in year 1 and
If you invest in a 3% coupon, $1000 face value, 2 year Treasury Inflation Protected Security (TIPS) and inflation is 8% in year 1 and 5% in year 2, what is the nominal annual cash flow to be received in year 2? $_________
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A Study In Public Finance
Authors: A. C. Pigou
1st Edition
1443722766, 978-1443722766
