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On January 1,2023, an investor purchases a TIPS bond with an original principal of $10,000,...

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Finance

On January 1,2023, an investor purchases a TIPS bond with an original principal of $10,000, a 9% annual coupon rate (with semiannual coupon payment), and 5 years maturity.
Assume the semiannual inflation rate during the first six month period is 0.90% and the semiannual inflation rate during the second six month period is 1.10%.
What is the inflation adjusted principal at the end of second six month period (on December 31,2023)? Show your work!
What is the coupon payment to the investor for the second six month period? Show your work!

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