Question: Consider a 3.5 percent TIPS with an issue CPI reference of 185.6. At the beginning of this year, the CPI was 193.5 and was at

Consider a 3.5 percent TIPS with an issue CPI reference of 185.6. At the beginning of this 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? (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 %

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