Question: TIPS Capital Return Consider a 4.75% TIPS with an issue CPI reference of 187.30. At the beginning of this year, the CPI was 198.10 and
TIPS Capital Return Consider a 4.75% TIPS with an issue CPI reference of 187.30. At the beginning of this year, the CPI was 198.10 and was at 203.60 at the end of the year. What was the capital gain of the TIPS in dollars? (Round your answer to 2 decimal places.)
A.$10.80
B. $5.50
C. $29.37
D. $16.30
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
