Question
On December 1, 2015, the U.S. Treasury issued a $1,000, 10-year inflation indexed notes with a coupon rate of 2% (paid semi-annually on Dec 1
On December 1, 2015, the U.S. Treasury issued a $1,000, 10-year inflation indexed notes with a coupon rate of 2% (paid semi-annually on Dec 1 and June 1). On the date of issue, the consumer price index (CPI) was 259, but had decreased to 231 on December 1, 2020. What was the amount of the coupon payment made on December 1, 2020?
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Michael Saylor On Bitcoin The Very First Interviews
Authors: Coinan The Barbarian ,Satoshi Nakamoto
1st Edition
979-8423442019
