Question: You purchase a Treasury Inflation Protection Security at face value for $1,000. The coupon rate is 9.75% . Inflation is 3.10%, 4.05%, 7.50% and 8.10%

You purchase a Treasury Inflation Protection Security at face value for $1,000. The coupon rate is 9.75% . Inflation is 3.10%, 4.05%, 7.50% and 8.10% over the next 4 years. What is the total annual coupon income you will receive in year 4?

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