Question: Consider a 3.20 percent TIPS with an issue CPI reference of 185.2. At the beginning of this year, the CPI was 191.9 and was at
| Consider a 3.20 percent TIPS with an issue CPI reference of 185.2. At the beginning of this year, the CPI was 191.9 and was at 201.2 at the end of the year. |
| What was the capital gain of the TIPS in dollars? (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Capital gain | $ |
| What was the capital gain of the TIPS in percentage? (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Capital gain | % |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
