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Question 9 (1 point) A semiannual TIPS was issued in December 2015 with a face value of $1,000 and a coupon rate of 1.8%. What

Question 9 (1 point)

A semiannual TIPS was issued in December 2015 with a face value of $1,000 and a coupon rate of 1.8%. What coupon payment it must have made in December 2016 if the CPI was 237.75 in December 2015 and 242.67 in December 2016?

Question 9 options:

A: $8.55

B: $8.72

C: $9.00

D: $9.19

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