Question: You purchase a TIP note with an original principal amount of $1.000.000 and a 7 percent annual coupon paid semiannuslyWhat will the first coupon pete

You purchase a TIP note with an original principal amount of $1.000.000 and a 7 percent annual coupon paid semiannuslyWhat will the first coupon pete the sea the first six months is 2 percent?(round your answer to 2 decimal places)

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