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Which of the following is NOT a characteristic of TIPS (Treasury Inflation Protected Securities)? a.TIPS are subject to interest rate risk. b. TIPS are issued
Which of the following is NOT a characteristic of TIPS (Treasury Inflation Protected Securities)?
a.TIPS are subject to interest rate risk.
b. TIPS are issued in 5, 10, and 30 years tenors.
c. The interest payments are fixed.
d. TIPS are considered to be a safe investment.
e. The principal amount is adjusted for inflation every six months.
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