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We are on September 30th,2022. The Treasury-Inflation-Protected-Security (TIPS) that you purchased exactly three years ago (September 30th,2019 ) on the secondary market, at a price

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We are on September 30th,2022. The Treasury-Inflation-Protected-Security (TIPS) that you purchased exactly three years ago (September 30th,2019 ) on the secondary market, at a price of $1,075. Just matured today. This particular TIPS was issued on September 30th,2017, at a value of $1,000. It had a "real" coupon rate of 1.10% (annualized rate) with the coupon paid semi-annually on March 30th and September 30th of each year. The observed inflation rates (annualized) over these past 6 semesters (six-months periods) during which you held the bond were as follows: +0.30%,+0.50%,+0.70%,+0.90%,+0.95%,+1.05%. 1. At what price did the bond mature today? 2. What was the total dollar value received in coupon payments over the past 2 years? 3. What was your annualized return on this investment? Note: As requested in class, please provide me with detailed explanations as to how you reach our final answers)

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