Question: you purchase a TIP note with an original principal amount of $1,000,000 and a 6% annual coupon (paid semiannually) what will the first coupon payment

you purchase a TIP note with an original principal amount of $1,000,000 and a 6% annual coupon (paid semiannually) what will the first coupon payment be if the semiannualy inflation over tge first 6 months is 1%?

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