Question: Consider a 3 . 5 % TIPS with an issue CPI reference of 1 8 5 . 6 . At the beginning of the year

Consider a 3.5% TIPS with an issue CPI reference of 185.6.At the beginning of the year the CPI was 193.5 and was at 199.6 at the end of the year. What was the capital gain of the TIPS in dollars and in percentage terms?

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