Business, 19.07.2021 17:50, itsmemichellel

You purchase a Treasury inflation-protected note with an original principal amount of $1,000,000 and a 2.8 percent annual coupon (paid semiannually). What will the first coupon payment be if the semiannual inflation over the first six months is 1.2%

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You purchase a Treasury inflation-protected note with an original principal amount of $1,000,000 and...