Consider a 4.5 percent TIPS with an issue CPI reference of 187.2. At the beginning of this year, the CPI was 199.5 and was 213.7 at the end of the year. What was the capital gain of the TIPS in dollars?
A) $32.73
B) $46.92
C) $62.49
D) $75.85
Correct Answer:
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