On January 15, 2020, the U.S. Treasury issues a ten-year inflation-indexed note with a coupon of 5%.

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On January 15, 2020, the U.S. Treasury issues a ten-year inflation-indexed note with a coupon of 5%. On the date of issue, the CPI is 414. By January 15, 2030, the CPI index increases to 282. What principal and coupon payment will be made on January 15, 2030?

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Corporate Finance The Core

ISBN: 9781292158334

4th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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