A Moving to another question will save this response. Question 22 of 25 Question 22 2 points Save Answer You purchase a TIP note with an original principal amount of $1,000,000 and a 4 percent annual coupon (paid semiannually). What will the first coupon payment be if the semiannual inflation over the first six months is 2 percent? (round your answer to 2 decimal places) Question 22 of 25 Moving to another question will save this response. Close Window