Question: Consider a 3.40 percent TIPS with an issue CPI reference of 185.6. At the beginning of this year, the CPI was 192.3 and was at
Consider a 3.40 percent TIPS with an issue CPI reference of 185.6. At the beginning of this year, the CPI was 192.3 and was at 200.8 at the end of the year.
| What was the capital gain of the TIPS in dollars? (Do not round intermediate calculations. 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. 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
