Question
TIPSCapital Return Consider a 4.00% TIPS with an issue CPI reference of 183.60. At the beginning of this year, the CPI was 190.70 and was
TIPSCapital Return Consider a 4.00% TIPS with an issue CPI reference of 183.60. At the beginning of this year, the CPI was 190.70 and was at 199.60 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 Management Core Concepts
Authors: Raymond Brooks
4th Edition
134730417, 134730410, 978-0134730417
