Question
TIPS Capital Return Consider a 4.00% TIPS with an issue CPI reference of 188.30. At the beginning of this year, the CPI was 199.10 and
TIPS Capital Return Consider a 4.00% TIPS with an issue CPI reference of 188.30. At the beginning of this year, the CPI was 199.10 and was at 205.60 at the end of the year. What was the capital gain of the TIPS in dollars? (Round your answer to 2 decimal places.)
$10.80
$6.50
$17.30
$34.51
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
