Question: TIPS A TIPS bond with a $1,000 par value was issued three years ago with a coupon rate of 9%. In the first year

TIPS A TIPS bond with a $1,000 par value was issued three

TIPS A TIPS bond with a $1,000 par value was issued three years ago with a coupon rate of 9%. In the first year inflation was 6%, in the second year 6.5% and in the third year 7%. The coupon payment at the end of the third year would be.

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