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Problem 7-19 TIPS Capital Return (LG7-2) Consider a 3.75 percent TIPS with an issue CPI reference of 186.1. At the beginning of this year, the
Problem 7-19 TIPS Capital Return (LG7-2) Consider a 3.75 percent TIPS with an issue CPI reference of 186.1. At the beginning of this year, the CPI was 193.0 and was at 2001 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.) Answer is complete but not entirely correct. Capital gain 3.82 What was the capital gain of the TIPS in percentage? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Answer is complete and correct. Capital gain 3.68 %
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