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you purchase a tip not with an original amount 1000000 a 9 percent ... after six month is 2 percent 22 2 points Save chase

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you purchase a tip not with an original amount 1000000 a 9 percent ... after six month is 2 percent

22 2 points Save chase a TIP note with an original principal amount of $1,000,000 and a 9 percent annual coupon (paid semiannually). What will the first coupon payment be if the semiannual inflation over th months is 2 percent? (round your answer to 2 decimal places) Question 22 c ing to another question will save this response

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