Question
TIPS Capital Return Consider a 3.25% TIPS with an issue CPI reference of 184.40. At the beginning of this year, the CPI was 195.80 and
TIPS Capital ReturnConsider a 3.25% TIPS with an issue CPI reference of 184.40. At the beginning of this year, the CPI was 195.80 and was at 200.90 at the end of the year. What was the capital gain of the TIPS in dollars? (Round your answer to 2 decimal places.)
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
