Question: Consider a 2.25 percent TIPS with an issue CPI reference of 187.2. At the beginning of this year, the CPI was 197.1 and was at
Consider a 2.25 percent TIPS with an issue CPI reference of 187.2. At the beginning of this year, the CPI was 197.1 and was at 203.8 at the end of the year. What was the capital gain of the TIPS in dollars? What was the capital gain of the TIPS in percentage? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Capital gain in dollars ___________
Capital gain in percentage ________
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