Question: Q12 you Purchase a TIP note with an orginal Principal Almost of 1,000,000 and a 10% annual coupon (paid semiannually. What will first coupon payment

 Q12 you Purchase a TIP note with an orginal Principal Almost

Q12 you Purchase a TIP note with an orginal Principal Almost of 1,000,000 and a 10% annual coupon (paid semiannually. What will first coupon payment be is the semiannual inflation over the first six months is 3 percent (Round ur answor to 2 decimal place) the

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