Question
In January 2010, the U.S. Treasury issued a $1000 par, five-year, inflation-indexed note with a coupon of 5%. On the date of issue, the consumer
In January 2010, the U.S. Treasury issued a $1000 par, five-year, inflation-indexed note with a coupon of 5%. On the date of issue, the consumer price index (CPI) was 250. By January 2015, the CPI had decreased to 200. The coupon payment that was made in January 2015 is closest to:
| A.$20 | |
| B.$25 | |
| C.$30 | |
| D.$40 |
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Finance And Sustainable Development
Authors: Magdalena Ziolo
1st Edition
0367819767, 978-0367819767
