If the rate of inflation remains the same at 2% during the 5-year life of a TIPS bond with a coupon of 3%, what would the nominal value of the bond be at maturity to the nearest dollar?[A] $1,000[B] $1,060[C] $1,104[D] $1,160
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Home » Business » If the rate of inflation remains the same at 2% during the 5-year life of a TIPS bond with a coupon of 3%, what would the nominal value of the bond be at maturity to the nearest dollar?[A] $1,000[B] $1,060[C] $1,104[D] $1,160