What will be the real value of the principal at
If an investor purchases a 3%, 5-year TIPS at its par value of $1,000 and the CPI increases 3% over each of the next 5 years, what will be the real value of the principal at maturity?
$1,000.00
$1,030.00
$1,060.90
$1,061.36
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if an investor purchases a 3 5-year tips at its par value of 1000 and the cpi increases 3 over each of the next 5 years
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