A 3.125 percent TIPS has an original reference CPI of 185.7. If the current CPI is 211.0,
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A 3.125 percent TIPS has an original reference CPI of 185.7. If the current CPI is 211.0, what is the par value and current interest payment of the TIPS? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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