Which are true about TIPS? I. The interest payment is constant, and the principal is adjusted for

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Which are true about TIPS?

I. The interest payment is constant, and the principal is adjusted for inflation or deflation.

II. The interest payment is variable, and the principal is adjusted for inflation or deflation.

III. The interest rate is fixed.

IV. The interest rate is variable.

A. I, III.

B. I, II.

C. II, III.

D. III, IV.

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Essentials Of Personal Financial Planning

ISBN: 9781945498237

1st Edition

Authors: Susan M. Tillery, Thomas N. Tillery

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