Question
TIPS Capital Return Consider a 4.50% TIPS with an issue CPI reference of 186.00. At the beginning of this year, the CPI was 199.00 and
TIPS Capital Return Consider a 4.50% TIPS with an issue CPI reference of 186.00. At the beginning of this year, the CPI was 199.00 and was at 204.10 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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Foundations Of Finance
Authors: Arthur J Keown, John D Martin, J William Petty
7th Edition
0133370356, 9780133370355
