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Suppose that on January 15, 2020, the Canadian government issued a ten-year inflation indexed note with a coupon of 5%. On the date of issue,
Suppose that on January 15, 2020, the Canadian government issued a ten-year inflation indexed note with a coupon of 5%. On the date of issue, the CPI was 415. By January 15, 2030, the CPl index had decreased to 309. What principal and coupon payment was made on January 15, 2030? Assume that the principal payment is protected against falling below par value (but the coupon payment is not similarly protected). Assume that the face value is $1000. DW 999.9 49. The principal payment is $ (Round to the nearest cent.)
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