Business
Business, 19.06.2020 00:57, sdxnessa

One year ago, you purchased a newly-issued TIPS bond that has a 6% coupon rate, five years to maturity, and a par value of $1,000. The average inflation rate over the year was 4.2%. What is the amount of the coupon payment you will receive, and what is the current face value of the bond

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One year ago, you purchased a newly-issued TIPS bond that has a 6% coupon rate, five years to maturi...

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