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Assume a 5-year TIPS with a 4.5% coupon rate and a par value of $1,000. Calculate its semiannual coupon payment if the annual inflation rate

Assume a 5-year TIPS with a 4.5% coupon rate and a par value of $1,000. Calculate its semiannual coupon payment if the annual inflation rate is 3.2%

$23.22

$17.50

$22.50

$46.44

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