Question: Question Completion Status: Moving to another question will save this response. Question 10 of 27 2 points Question 10 You purchase a TIP note with

Question Completion Status: Moving to another question will save this response. Question 10 of 27 2 points Question 10 You purchase a TIP note with an original principal amount of $1,000,000 and a 5 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 10 of 27 Moving to another question will save this response. hp

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