Question: A Moving to another question will save this response. Question 6 You purchase a TIP note with an original principal amount of $1,000,000 and a

 A Moving to another question will save this response. Question 6
You purchase a TIP note with an original principal amount of $1,000,000

A Moving to another question will save this response. Question 6 You purchase a TIP note with an original principal amount of $1,000,000 and a 8 percent annual coupon (paid semiannually. What will the first com Questions of 2 points ually). What will the first coupon payment be if the semiannual inflation over the first six months is 3 percent (round your answer to 2 decimal places Question of 3

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