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You buy a TIPS at issue at par for $1,000. The bond has a 4% coupon. Inflation turns out to 3. be 2%, 3% and

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You buy a TIPS at issue at par for $1,000. The bond has a 4% coupon. Inflation turns out to 3. be 2%, 3% and 4% over the next 3 years. Figure out the total annual coupon income you will receive in Year 3.(1Spoints)

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