On January 15, 2011, the U.S. Treasury issued a 10-year inflation-indexed note with a coupon of 1.125%.

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On the date of issue, the consumer price index (CPI) was 220.223. On January 15, 2019, the CPI had increased to 251.712. What coupon payment was made on January 15, 2019?

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Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Feb 21, 2024 10:00 AM

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On January 15, 2011, the U.S. Treasury issued a 10-year inflation-indexed note with a coupon of 1.125%.

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Between the issue date and January 15 2019 the CPI appreciat...View the full answer

Fundamentals Of Corporate Finance

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