Question
TIPS Capital Return Consider a 3.50% TIPS with an issue CPI reference of 184.50. At the beginning of this year, the CPI was 196.00 and
TIPS Capital Return Consider a 3.50% TIPS with an issue CPI reference of 184.50. At the beginning of this year, the CPI was 196.00 and was at 201.10 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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Analysis For Financial Management
Authors: Robert C. Higgins
12th International Edition
1260091910, 9781260091915
