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Consider a 2.50% TIPS with an issue CPI reference of 187.70. At the beginning of this year, the CPI was 198.50 and was at 204.40 at the end of the year. What was the capital gain of the TIPS in dollars? A. $16.70 B. $31.43 C. $10.80 D. $5.90

Consider a 2.50% TIPS with an issue CPI reference of 187.70. At the beginning of this year, the CPI was 198.50 and was at 204.40 at the end of the year. What was the capital gain of the TIPS in dollars? A. $16.70 B. $31.43 C. $10.80 D. $5.90

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.1MBA
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Consider a 2.50% TIPS with an issue CPI reference of 187.70. At the beginning of this year, the CPI was 198.50 and was at 204.40 at the end of the year. What was the capital gain of the TIPS in dollars? A. $16.70 B. $31.43 C. $10.80 D. $5.90
Transcribed Image Text:Consider a 2.50% TIPS with an issue CPI reference of 187.70. At the beginning of this year, the CPI was 198.50 and was at 204.40 at the end of the year. What was the capital gain of the TIPS in dollars? A. $16.70 B. $31.43 C. $10.80 D. $5.90
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