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Consider a $1,0006% coupon rate TIPS. In the first 6 months after issuance, there was 2.3% inflation. In the second 6 months after issuance, there
Consider a $1,0006% coupon rate TIPS. In the first 6 months after issuance, there was 2.3% inflation. In the second 6 months after issuance, there was 1.8% inflation. What was the amount of the first coupon payment? 1) $30.69 2) $61.38 3) $30.00 4) $31.23 5) $30.54
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