Question
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
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 405. By January 15, 2030, the CPI index had decreased to 285. What principal and coupon payment was made on January 15, 2030?
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Stock Market Investing For Beginners
Authors: Andrew P.C.
1st Edition
1549522132, 978-1549522130
