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You buy a 10,000 inflation protected bond with a 4% real return and a 5 year maturity. that pays year-end annual coupon payments. The first
You buy a 10,000 inflation protected bond with a 4% real return and a 5 year maturity. that pays year-end annual coupon payments. The first year you hold the bond inflation is 8%. The second year you hold the bond inflation is 6%. What is the amount of the coupon payment you receive at the end of the second year. (Round your answer to two decimal places)
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