Use the following information to answer question 17: An investor buys a $10,000 par, 1.60% annual coupon rate TIPS security with 3 years to maturity. Interest is paid every six months. inflation every six months over the investor's holding period is a 3.00% annualized rate (1.500 sen annual rate). -17. What is the first interest payment the TIPS investor will receive? A) $80.00 B) $81.20 C) $82.40 D) $160.00 E) $162.40