What is the final coupon payment on the tips and what is


Consider a TIPS issued on 15 April 2006, with coupon of 3.625% and a maturity date of 15 April 2016. The base CPI-U level for the bond is 150.30. Assume that the "reference CPI" levels for January, February, March, and April 2016 are 160.5, 162, 164.5, 167. a) What is the final coupon payment on the TIPS, and b) what is the final principal repayment per $100 face value?

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Financial Management: What is the final coupon payment on the tips and what is
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