Question
Problem 7-19 TIPS Capital Return (LG7-2) Consider a 3.25 percent TIPS with an issue CPI reference of 185.3. At the beginning of this year, the
Problem 7-19 TIPS Capital Return (LG7-2) Consider a 3.25 percent TIPS with an issue CPI reference of 185.3. At the beginning of this year, the CPI was 192.0 and was at 201.1 at the end of the year.
What was the capital gain of the TIPS in dollars? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
What was the capital gain of the TIPS in percentage? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
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Business Finance
Authors: Ronald R. Pitfield
1st Edition
0852581513, 978-0852581513
