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A 3.625 percent TIPS has an original reference CPI of 184.7. If the current CPI is 210.0, what is the par value and current interest

A 3.625 percent TIPS has an original reference CPI of 184.7. If the current CPI is 210.0, 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.)

  1. Calculate the par value
  2. Calculate interest payment

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