Question
TIPS Capital Return Consider a 3.75% TIPS with an issue CPI reference of 183.50. At the beginning of this year, the CPI was 190.60 and
TIPS Capital Return Consider a 3.75% TIPS with an issue CPI reference of 183.50. At the beginning of this year, the CPI was 190.60 and was at 199.40 at the end of the year. What was the capital gain of the TIPS in percentage terms? (Do not round the intermediate steps. Round your final answer to 2 decimal places.)
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th International Edition
1259094901, 9781259094903
