Question: Qution 427 M Question 4 You purchase a TIP note with an original principal amount of $1,000,000 and a 7 percent annual coupon (paid semiannually)

 Qution 427 M Question 4 You purchase a TIP note with

Qution 427 M Question 4 You purchase a TIP note with an original principal amount of $1,000,000 and a 7 percent annual coupon (paid semiannually) What will the first coupon payment inflation over the first six months is 3 percent? (round your answer to 2 decimal places) 2 points 135 sena Question 4 of 27 Moving to another question will save this response

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