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You purchase a Treasury real return bond with an original principal amount of $1,000,000 and a 2.8% annual coupon (paid semi-annually). What will be the
You purchase a Treasury real return bond with an original principal amount of $1,000,000 and a 2.8% annual coupon (paid semi-annually). What will be the first coupon payment be if the semi-annual inflation over the first six months is 1.2%? ____ A) $12,336 B) $14,000 C) $14,168 D) $28,336
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