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You buy an inflation-linked bond (e.g., TIPS) at issue that has a par of R1 000. The bond has a 3% coupon. Inflation turns out
You buy an inflation-linked bond (e.g., TIPS) at issue that has a par of R1 000. The bond has a 3% coupon. Inflation turns out to be 2%, 3%, and 4% over the next 3 years. The total annual coupon income you will receive in year 3 is
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Recent Advances In Computational Finance
Authors: Nikolaos S. Thomaidis, Jr. Dash, Gordon H.
1st Edition
1626181233, 978-1626181236
