Note that the bond nominal payments are the money you will receive. In the case of the adjusted bond are:
\(3(1+\pi)\)
andÂ
\(103(1+\pi)^2\)
If you adjust them for inflation, you will get 3 and 103
Note that the bond nominal payments are the money you will receive. In the case of the adjusted bond are:
\(3(1+\pi)\)
andÂ
\(103(1+\pi)^2\)
If you adjust them for inflation, you will get 3 and 103