A TIPS bond will pay a different coupon amount depending upon inflation each year. Suppose that a 30 year TIPS bond is expected to pay a coupon of 6% for the first ten years, then 8% for the next ten years, then 10% for the last ten years. If the yield-to-maturity is 7%, and coupons are paid annually, then what is the price of this bond?

		$1,019.92
		$1,070.24
		None of these is correct
		$1,124.09
		$3,210.71