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Suppose on January 15, 2013, the U.S. Treasury issued a five-year -inflation indexed note with coupon of 3%. On the date of issue, the consumer
Suppose on January 15, 2013, the U.S. Treasury issued a five-year -inflation indexed note with coupon of 3%. On the date of issue, the consumer price index (CPI) was 250. By January 15, 2018 the CPI had increased to 322. What principal and coupon payment was made on January 15, 2018? the CPI index appreciated by? (round to five decimal places)
the CPI index appreciated by? (round to five decimal places)
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International Finance The Markets And Financial Management Of Multinational Business
Authors: Maurice D. Levi
3rd Edition
0070376875, 978-0070376878
