TIPS Capital Return Consider a 4.75 percent TIPS with an issue CPI reference of 186.10. At the beginning of this year, the CPI was 199.20 and was at 204.30 at the end of the year. What was the capital gain of the TIPS dollars? Assume semi-annual interest payments and $1,000 par value. Note: Round your answer to 2 decimal places. Multiple Choice O O O $27.40 $5.10 $18.20 $13.10 ~ ?

Survey of Accounting (Accounting I)
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ISBN:9781305961883
Author:Carl Warren
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Chapter15: Capital Investment Analysis
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TIPS Capital Return Consider a 4.75 percent TIPS with an issue CPI reference of 186.10. At the beginning of this year, the CPI was 199.20 and was at 204.30 at the end of the year. What was the capital gain of the TIPS in
dollars? Assume semi-annual interest payments and $1,000 par value.
Note: Round your answer to 2 decimal places.
Multiple Choice
O
O
$27.40
$5.10
$18.20
$13.10 ?
Transcribed Image Text:TIPS Capital Return Consider a 4.75 percent TIPS with an issue CPI reference of 186.10. At the beginning of this year, the CPI was 199.20 and was at 204.30 at the end of the year. What was the capital gain of the TIPS in dollars? Assume semi-annual interest payments and $1,000 par value. Note: Round your answer to 2 decimal places. Multiple Choice O O $27.40 $5.10 $18.20 $13.10 ?
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