Question: You purchase a Treasury Inflation Protection Security at face value for $1,000. The coupon rate is 4.0% . Inflation is 3.0%, 4.0%, and 5.0% over

You purchase a Treasury Inflation Protection Security at face value for $1,000. The coupon rate is 4.0% . Inflation is 3.0%, 4.0%, and 5.0% over the next 3 years. What is the total annual coupon income you will receive in year 3?

$44.99

$40.00

$41.60

$44.00

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