John bought an inflation-indexed security for $10,000 in January 2014. The security promises an annual interest rate of 5 percent and makes payments twice a year. If the value of the inflation index in January 2014 was 106 and its value in July 2014 was 105, John will receive an interest income of _____.
A. ?$504.76
B. ?$226.40
C. ?$182.72
D. $368.56
Answer: A
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