Question: Question 17 2 points South You purchase a TIP note with an original principal amount of $1.000.000 and a 5 percent annual coupon ipad semiannually.

 Question 17 2 points South You purchase a TIP note with

Question 17 2 points South You purchase a TIP note with an original principal amount of $1.000.000 and a 5 percent annual coupon ipad semiannually. What will the first coupon payment be if the semiannual inflation over the first month 3 percent tround your answer to 2 decimal places)

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