Question: Problem 7 - 3 3 TIPS Total Return ( LG 7 - 2 ) Consider a 5 . 3 0 percent TIPS with an issue

Problem 7-33 TIPS Total Return (LG7-2)Consider a 5.30 percent TIPS with an issue CPI reference of
207.2. The bond is purchased at the beginning of the year (after
the interest payment), when the CPI was 215.1. For the interest
payment in the middle of the year, the CPI was 216.7. Now, at the
end of the year, the CPI is 221.2 and the interest payment has been
made.What is the total return of the TIPS in
dollars?(Do not round intermediate calculations.
Round your final answer to 2 decimal places.)What is the total return of the TIPS in
percentage?(Do not round intermediate calculations.
Round your final answer to 2 decimal places.)

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