Determining the value of the tips


A 3.250 percent TIPS has an original reference CPI of 179.00. If the current CPI is 206.00, What is the current interest payment and par value of the TIPS? (Round your answers to 2 decimal places. Omit the "tiny_mce_markerquot; sign in your response.)

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Finance Basics: Determining the value of the tips
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