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Tips Calculation An investor purchases $1000 of a TIPS with a 2% Coupon. The bond was purchased on a coupon date, Jan 15th. The first

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Tips Calculation An investor purchases $1000 of a TIPS with a 2% Coupon. The bond was purchased on a coupon date, Jan 15th. The first 6 months of the year inflation as measured by CPI was 1%, PPI 2%. For the full year inflation was CPI 3%, PPI 4%. How much is the SECOND COUPON PAYMENT? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $15.45 b $10.30 $10.40 d $15.50 e None of the above

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