Question
A 3.250 percent TIPS has an original reference CPI of 185.8. If the current CPI is 211.1, what is the par value and current interest
A 3.250 percent TIPS has an original reference CPI of 185.8. If the current CPI is 211.1, what is the par value and current interest payment of the TIPS? (Do not round intermediate calculations and round your finalanswers to 2 decimal places.)
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
