Question: HAR WAL 2 points Question 6 You purchase a TIP note with an onginal principal amount of $1,000,000 and a 10 percent annual coupon (paid

 HAR WAL 2 points Question 6 You purchase a TIP note

HAR WAL 2 points Question 6 You purchase a TIP note with an onginal principal amount of $1,000,000 and a 10 percent annual coupon (paid semiannusty) What will the first upon payment be if the semiannual xation over the first six month is 2 percent? (round your answer to 2 decimal places)

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