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Moving to another question will save this response. Question 2 of 27 Question 26 2 points Sew Arcee You purchase a TIP note with an

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Moving to another question will save this response. Question 2 of 27 Question 26 2 points Sew Arcee You purchase a TIP note with an original principal amount of $1,000,000 and a 8 percent annual coupon (paid semiannially) What will the first coupon payment be if the semiannual inflation over the first six months is 3 percent? (round your answer to 2 decimal places) Moving to another question will save this response. Question 2 of 27 Question 26 2 points Sew Arcee You purchase a TIP note with an original principal amount of $1,000,000 and a 8 percent annual coupon (paid semiannially) What will the first coupon payment be if the semiannual inflation over the first six months is 3 percent? (round your answer to 2 decimal places)

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