What was the capital gain of the tips in, Financial Management

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What was the capital gain of the tips in

TIPS Capital Return Consider a 2.50% TIPS with an issue CPI reference of 187.70. At the beginning of this year, the CPI was 198.50 and was at 204.40 at the end of the year. What was the capital gain of the TIPS in dollars? (Round your answer to 2 decimal places.)

$16.70

$31.43

$10.80

$5.90

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