Question
TIPS A TIPS bond with a $1,000 par value was issued three years ago with a coupon rate of 8%. In the first year inflation
TIPS A TIPS bond with a $1,000 par value was issued three years ago with a coupon rate of 8%. In the first year inflation was 6.5%, in the second year 7% and in the third year 7.5%. The coupon payment at the end of the third year would be ______.
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
