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An investor buys a $ 1 0 , 0 0 0 par, 5 % coupon ( semiannual payments ) TIPS security with two years to
An investor buys a $ par, coupon semiannual payments TIPS security with two years to maturity. If inflation every six months over the two years is percent, what is the final payment principal and interest the TIPS investor will receive? Input your final answer using two decimal places. Do not round intermediate calculations.
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