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If the most recent measure of 1 year inflation is 5.2%, What is the first coupon payment on a 30 year Treasury Inflation Protected Security
If the most recent measure of 1 year inflation is 5.2%, What is the first coupon payment on a 30 year Treasury Inflation Protected Security with a Par value of $10,000 and a coupon rate of 4.5%?
Select one:
A. $47.43
B. $473.40
C. $520.00
D. $450.00
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