A 3625 percent tips has an original reference cpi of 1801, Finance Basics

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A 3625 percent tips has an original reference cpi of 1801

Question: A 3.625 percent TIPS has an original reference CPI of 180.1. If the current CPI is 206.4, what is the par value and current interest payment of the TIPS? (Do not round intermediate calculations and round your final answers to 2 decimal places.)

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Finance Basics: A 3625 percent tips has an original reference cpi of 1801

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Finance Basics: A 3625 percent tips has an original reference cpi of 1801

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