Treasury Securities.

Consider a 4-year semiannual TIPS with a coupon rate of 6%. Suppose that an investor purchases $1,000,000 of par value (initial principal) of this issue today, and that the annual inflation rate is 2.8% for the 1st six-month period and 3.2% for the 2nd six month period. What is the dollar coupon interest that will be paid in cash at the end of the 2nd six-month period?

Suppose the quote on a bank discount for a treasury bill with 90 days to maturity and a face value of $1,000 is 5% what is the price?