Consider a 4.00% TIPS with an issue CPI reference of 185.10. At the beginning of this year, the CPI was 192.20 and was at 202.60 at the end of the year. What was the capital gain of the TIPS in percentage terms? (Do not round the intermediate steps. Round your final answer to 2 decimal places.) A. 5.41% B. 7.10% C. 5.13% D. 10.40%
Consider a 4.00% TIPS with an issue CPI reference of 185.10. At the beginning of this year, the CPI was 192.20 and was at 202.60 at the end of the year. What was the capital gain of the TIPS in percentage terms? (Do not round the intermediate steps. Round your final answer to 2 decimal places.) A. 5.41% B. 7.10% C. 5.13% D. 10.40%
Chapter13: Direct Foreign Investment
Section: Chapter Questions
Problem 1IEE
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What was the
Transcribed Image Text:Consider a 4.00% TIPS with an issue CPI reference of
185.10. At the beginning of this year, the CPI was 192.20
and was at 202.60 at the end of the year. What was the
capital gain of the TIPS in percentage terms? (Do not
round the intermediate steps. Round your final answer to
2 decimal places.)
A. 5.41%
B. 7.10%
C. 5.13%
D. 10.40%
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