We present red spectra in the region similar to lambda 7000-8300 Angstrom o
f the eclipsing dwarf nova IP Peg, with simultaneous narrow-band photometry
centred at 7322 Angstrom. We show that by placing a second star on the sli
t we can correct for the telluric absorption bands which have hitherto made
the TiO features from the secondary star unusable. We use these TiO featur
es to carry out a radial velocity study of the secondary star, and find thi
s gives an improvement in the signal-to-noise ratio of a factor of 2 compar
ed with using the Na i doublet. In contrast with previous results, we find
no apparent ellipticity in the radial velocity curve. As a result we revise
the semi-amplitude to K-2 = 331.3 +/- 5.8 km s(-1), and thus the primary a
nd secondary star masses to 1.05(-0.07)(+0.14) M. and 0.33(-0.05)(+0.14) M.
respectively. Although this is the lowest mass yet derived for the seconda
ry star, it is still overmassive for its observed spectral type. However, t
he revised mass and radius bring IP Peg into line with other cataclysmic va
riables in the mass-radius-period relationships.
By fitting the phase-resolved spectra around the TiO bands to a mean spectr
um, we attempt to isolate the light curve of the secondary star. The result
ing light curve has marked deviations from the expected ellipsoidal shape.
The largest difference is at phase 0.5, and can be explained as an eclipse
of the secondary star by the disc, indicating that the disc is optically th
ick when viewed at high inclination angles.