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Suppose that on January 15,2010 , the Canadian government issued a five-year inflation-indexed note with a coupon of 4%. On the date of issue, the
Suppose that on January 15,2010 , the Canadian government issued a five-year inflation-indexed note with a coupon of 4%. On the date of issue, the consumer price index (CPI) was 265. By January 15, 2015, the CPI had increased to 322 . What principal and coupon payment was made on January 15,2015? Assume that the face value is $1000. The principal amount of the bond increased to $ (Round to the nearest cent.) The semi-annual coupon payment is $ (Round to the nearest cent.)
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