Question
Suppose on March 15, 2008, the U.S. Treasury issued a 10-year inflation-indexed note with a coupon of 1.625%, paid semi-annually. Suppose on the date of
Suppose on March 15, 2008, the U.S. Treasury issued a 10-year inflation-indexed note with a coupon of 1.625%, paid semi-annually. Suppose on the date of issue, the consumer price index (CPI) was184.77419. On March 15, 2015, the CPI had increased to 226.33474. What coupon payment was made on March 15, 2015?
Select one:
a. $9.52
b. $19.90
c. $7.69
d. None of the answers is correct.
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
