Multiple Choice
In January 2010,the U.S.Treasury issued a $1000 par,five-year,inflation-indexed note with a coupon of 5%.On the date of issue,the consumer price index (CPI) was 250.By January 2015,the CPI had decreased to 200.The coupon payment that was made in January 2015 is closest to:
A) $20.
B) $25.
C) $30.
D) $40.
Correct Answer:

Verified
Correct Answer:
Verified
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