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When the inflation rate is expected to rise, the value of CDs becomes less valuable than TIPS. Please first define CD and TIPS then explain
When the inflation rate is expected to rise, the value of CDs becomes less valuable than TIPS. Please first define CD and TIPS then explain briefly whether the statement above is always true, (Hint: I suggest you to explain this by plotting graph. Y-axis: value of security; x-axis: inflation rate)
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