Consider a 325 tips with an issue cpi reference of 18480 at, Financial Management

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Consider a 325 tips with an issue cpi reference of 18480 at

Consider a 3.25% TIPS with an issue CPI reference of 184.80. At the beginning of this year, the CPI was 191.90 and was at 202.00 at the end of the year. What was the capital gain of the TIPS in percentage terms? (Do not round the intermediate steps. Round your final answer to 2 decimal places.)

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