Question: Sample quotes on U.S. TIPS are shown below for September 7, 2021. Rate Maturity Bid Ask Ask Yld 3.385 May 15, 2030i 111.111 111.222 ???????

Sample quotes on U.S. TIPS are shown below for September 7, 2021.

Rate Maturity Bid Ask Ask Yld

3.385 May 15, 2030i 111.111 111.222 ???????

a. How much do you(=investor) receive if you sell the above TIPS?

b. The TIPS had a face value of 150 one year ago. The CPI was 125 a year ago but currently rose to 130. What is the current asked yield of the TIPS? Provide the keyboard information including SDT, CPN, RDT, RV, and PRI.

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