mathxl.com Southern New Hampshire University - On Campu... Home - > Students 8-3 MyFinanceLab: Assignment: Module Eight... MyFinanceLab All Assignments - FIN-250-X2. Do Homework FIN-250-X2638 Personal Financial Planning 20EW2 Collin Swords & Homework: 8-3 MyFinanceLab: Assignment: Module Eight Homewor Score: 0 of 6 pts 1 1 of 8 (0 complete) HW S Problem P13-2 (similar to) A $1,000 TIPS (Treasury Inflation-Protected Security) is currently selling for $957 and carries a coupon interest rate of 2.66 percent. a. If you buy this bond, how much will you receive for your first interest payment, assuming no interest adjustment to principal during this time period? b. If there's a 1.23 percent increase in inflation, what will be the new par value of the bond? . What is your new semiannual interest payment? d. What would the par value be at maturity, assuming a 2.75 percent annual inflation rate and ten-year maturity period? Click on the table icon to view the FVIF table i a. If you buy this bond, assuming no interest adjustment to principal during this time period, your first interest payment would be $ . (Round to the nearest cent.) i More Info X . Compound Sum of $1 (FVIF) n 2.00% 2.25% 2.50% 2.75% 3.00% 1.020 1.023 1.025 1.028 1.030 5 1.104 1.118 1.131 1.145 1.159 10 1.219 1.249 1.280 1.312 1.344 15 1.346 1.396 1.448 1.502 1.558 20 1.486 1.561 1.639 1.720 1.806 25 1.641 1.744 1.854 1.970 2.094 Print Done Enter your answer in the answer box and then click Check Answer. 3 parts remaining Clear All Check Answ