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On January 15, 2020, the U.S. Treasury issued a ten-year inflation indexed note with a coupon of 7 %. On the date of issue, the
On January 15, 2020, the U.S. Treasury issued a ten-year inflation indexed note with a coupon of 7 %.
On the date of issue, the CPI (consumer price index) was
395. By January 15, 2030, the CPI index had decreased to 280.
What principal and coupon payment was made on January 15, 2030?
The CPI index deppreciated by ______.
(Round to five decimal places.)
The principal payment is $______ .
(Round to the nearest cent.) The coupon payment is
$_____ (Round to the nearest cent.)
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