Use the information for the question(s) below. Last year, you purchased a "TIPS" at par....
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Accounting
Use the information for the question(s) below. Last year, you purchased a "TIPS" at par. Since that time, both market interest rates and the inflation rate have increased by 0.5 percent. Your bond has most likely done which one of the following since last year? experienced an increase in its bond rating increased in value in response to the change in market rates None of the other answers are correct. increased in value due to a decrease in time to maturity maintained a fixed real rate of return
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