Question: III Homework: Chapter 15 Homework Question 5, Problem 15-6 Part 1 of 2 HW Score: 20%, 2 of 10 points Points: 0 of 1 Save
III Homework: Chapter 15 Homework Question 5, Problem 15-6 Part 1 of 2 HW Score: 20%, 2 of 10 points Points: 0 of 1 Save Suppose that on January 15, 2020, the Canadian government issued a ten year inflation Indexed note with a coupon of 5% on the date of issue, the CPI was 401 By January 15, 2030, the CPI index had decreased to 286. What principal and coupon payment was made on January 15, 20302 Assume that the principal payment is protected against falling below par value (but the coupon payment is not similarly protected) Assume that the face value is 51000 Lore The principal payment is (Round to the nearest cent) III Homework: Chapter 15 Homework Question 5, Problem 15-6 Part 1 of 2 HW Score: 20%, 2 of 10 points Points: 0 of 1 Save Suppose that on January 15, 2020, the Canadian government issued a ten year inflation Indexed note with a coupon of 5% on the date of issue, the CPI was 401 By January 15, 2030, the CPI index had decreased to 286. What principal and coupon payment was made on January 15, 20302 Assume that the principal payment is protected against falling below par value (but the coupon payment is not similarly protected) Assume that the face value is 51000 Lore The principal payment is (Round to the nearest cent)
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