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Business, 12.11.2020 19:10 schneidersamant9242

A semiannual TIPS was issued in December 2017 with a face value of $1,000 and a coupon rate of 1.2%. What coupon payment it must have paid in December 2018 if the CPI was 247.91 in December 2017 and 251.23 in June 2018? A. 6.08 B. 6.55 C. $6.97 D. $12.16

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A semiannual TIPS was issued in December 2017 with a face value of $1,000 and a coupon rate of 1.2%....
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