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Problem 7-33 TIPS Total Return (LG7-2) Consider a 4.30 percent TIPS with an issue CPI reference of 195.2. The bond is purchased at the beginning
Problem 7-33 TIPS Total Return (LG7-2) Consider a 4.30 percent TIPS with an issue CPI reference of 195.2. The bond is purchased at the beginning of the year (after the interest payment), when the CPI was 203.1. For the interest payment in the middle of the year, the CPI was 204.7. Now, at the end of the year, the CPl is 209.2 and the interest payment has been made. What is the total return of the TIPS in dollars? (Do not round intermediate calculations. Round your final answer to 2 decimal places) Answer is complete and correct. Total return $ 76.84 What is the total return of the TIPS in percentage? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Answer is complete but not entirely correct. 5.120% | Total return
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