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%

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
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Hi expart solve these accounting question not use ai

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%
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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