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please i need the answer within 20 minutes sir Assume a TIPS with 5 percent coupon rate and a $1,000 par value. Inflation 3 percent
please i need the answer within 20 minutes sir
Assume a TIPS with 5 percent coupon rate and a $1,000 par value. Inflation 3 percent in the first year and 2 percent in the second year. What is the par value of the bond 2 point at the end of the first year? Your answer What is the interest (in dollars) for 2 point the second year? Your answer What is the par value of the bond 2 points at the end of the second yearStep by Step Solution
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