Suppose on January 15, 2018, the U.S. Treasury issued a ten-year inflation indexed note with a coupon of 6%. On the date
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Suppose on January 15, 2018, the U.S. Treasury issued a ten-year inflation indexed note with a coupon of 6%. On the date
Suppose on January 15, 2018, the U.S. Treasury issued a ten-year inflation indexed note with a coupon of 6%. On the date of issue, the CPI (consumer price index) was 225. By January 15, 2028, the CPI index had decreased to 175. What principal and coupon payment was made on January 15, 2028? (Note: U.S. Treasury pays semi-annual coupons) The CPI index deppreciated by I. (Round to five decimal places.) The principal payment is $ (Round to the nearest cent.) The coupon payment is $ (Round to the nearest cent.)
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