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Capital gain of the tips in percentage terms

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Reference no: EM131739652

TIPS Capital Return

Consider a 5.50% TIPS with an issue CPI reference of 184.20. At the beginning of this year, the CPI was 191.30 and was at 200.80 at the end of the year. What was the capital gain of the TIPS in percentage terms? (Do not round the intermediate steps. Round your final answer to 2 decimal places.)

Reference no: EM131739652

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