If an Investor Purchases a 3%,2-Year TIPS and the CPI

question 15

Multiple Choice

If an investor purchases a 3%,2-year TIPS and the CPI increases 3% over each of the next 2 years,how much does the investor receive at maturity?

• A) $1,000.00
• B) $1,030.00
• C) $1,060.90
• D) $1,092.73

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