You are looking at a Treasury

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timer Asked: Nov 11th, 2015

Question Description

You are looking at a Treasury Inflation Protected Security which was issued in 2009 at a coupon rate of 1.875%.  The bond matures in 2019.  The original face vale of the bond was $1,000 and the index value today is 1.11469.  What is the coupon rate today?

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