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Suppose you purchase a $1,000 TIPS on January 1, 2021. The bond carries a fixed coupon of 5%, Over the next two years (four 6-month
Suppose you purchase a $1,000 TIPS on January 1, 2021. The bond carries a fixed coupon of 5%, Over the next two years (four 6-month periods), semiannual inflation is 2%, 3%, 1% and 2%, respectively. For each six- month period, calculate the accrued principal and coupon payment
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