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On January 15, 2020, the U.S. Treasury issued a ten-year inflation indexed note with a coupon of 6%. On the date of issue, the CPI
On January 15, 2020, the U.S. Treasury issued a ten-year inflation indexed note with a coupon of 6%. On the date of issue, the CPI (consumer price index) was 394. By January 15, 2030, the CPI index had decreased to 287. What principal and coupon payment was made on January 15, 2030?
The CPI index deppreciated by _____(Answer) . (Round to five decimalplaces.)
The principal payment is $ ________(Answer). (Round to the nearestcent.)
The coupon payment is $ ________(Answer) . (Round to the nearestcent.)
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