Question: TIPS Capital Return Consider a 2.75 percent TIPS with an issue CPI reference of 187.80. At the beginning of this year, the CPI was 198.60

 TIPS Capital Return Consider a 2.75 percent TIPS with an issue

TIPS Capital Return Consider a 2.75 percent TIPS with an issue CPI reference of 187.80. At the beginning of this year, the CPI was 198.60 and was at 204.60 at the end of the year. What was the capital gain of the TIPS in dollars? Assume semi-annual interest payments and $1,000 par value. (Round your answer to 2 decimal places.) Multiple Choice $16.80 O $6.00 O $10.80 $31.95

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