Question
TIPS Capital Return Consider a 4.50% TIPS with an issue CPI reference of 185.30. At the beginning of this year, the CPI was 192.40 and
TIPS Capital Return Consider a 4.50% TIPS with an issue CPI reference of 185.30. At the beginning of this year, the CPI was 192.40 and was at 203.00 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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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
