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Question 9 (1 point) An institutional investor purchases $500,000 worth of five-year TIPS. The coupon rate on the note is 5%. Six months later the

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Question 9 (1 point) An institutional investor purchases $500,000 worth of five-year TIPS. The coupon rate on the note is 5%. Six months later the CPI increases by 1.5%. What would be the coupon payment for the next six months? $16,250 $12,689 $12,500 $25,375

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