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Suppose that you just purchased a $1,000 Treasury Inflation

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Suppose that you just purchased a $1,000 Treasury Inflation - Indexed Bond which carried an original interest rate of 3.375%. The consumer price index just increased by 5% increasing the par value of the bond to $1,050. What is your interest payment considering this change?;Additional Requirements;Level of Detail: Show all work;Other Requirements: The assignment is using Persons My Finance Lab.

 

Paper#24876 | Written in 18-Jul-2015

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