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Find the interest payment you would have received ( in dollars and cents ) on July 1 5 , 2 0 2 3 if you

Find the interest payment you would have received (in dollars and cents) on July 15,
2023 if you owned a 10-year TIPS bond which was issued on Jan. 15,2022 with a face
value of $100,000 and a coupon rate of 2.40%. Suppose the annual inflation rate is
announced at the end of each quarter (end of March, June, Sept. and Dec.). In 2021 the
numbers were 4.4%,5.5%,6.6% and 7.0%. For 2022 they were 8.6%,7.4%,6.2%, and
6.3%. For 2023 they were 5.5%,5.0%, and 4.7%(The December 2023 rate hadn't come
out yet). For this problem, anytime there appears to be more than one inflation rate you
could use, you should use the most recently reported rate.
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