Question
TIPS Capital Return Consider a 4.25 percent TIPS with an issue CPI reference of 187.10. At the beginning of this year, the CPI was 197.90
TIPS Capital Return Consider a 4.25 percent TIPS with an issue CPI reference of 187.10. At the beginning of this year, the CPI was 197.90 and was at 203.20 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: Jack Kapoor, Les Dlabay, Robert J. Hughes
7th Edition
0072866578, 9780072866575
