On January 15, 2020, the U.S. Treasury issued a 10-year inflation-indexed note with a coupon of 7%.
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On January 15, 2020, the U.S. Treasury issued a 10-year inflation-indexed note with a coupon of 7%. On the date of issue, the CPI was 412. By January 15, 2030, the CPI had decreased to 279. What principal and coupon payment was made on January 15, 2030?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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