Question
You buy a TIPS at issue at par for $1,000. The bond has a 4.4% coupon. Inflation turns out to be 3.4%, 4.4%, and 5.4%
You buy a TIPS at issue at par for $1,000. The bond has a 4.4% coupon. Inflation turns out to be 3.4%, 4.4%, and 5.4% over the next 3 years. The total annual coupon income you will receive in year 3 is _________.
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Of Synthetic Finance Three Essays Of Speculative Materialism
Authors: Benjamin Lozano
1st Edition
1138790842, 978-1138790841
