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A 4.25 percent TIPS has an original reference CPI of 172.1. If the current CPI is 207.4, what is the current interest payment and par
A 4.25 percent TIPS has an original reference CPI of 172.1. If the current CPI is 207.4, what is the current interest payment and par value of the TIPS? Assume semi-annual interest payments and $1,000 par value. (Round your answer to 2 decimal places.) A) $25.61, $1,205.11, respectively B) $5.11, $1,205.11, respectively C) $25.61, $1,000, respectively D) $5.11, $1,000, respectively
A) $25.61, $1,205.11, respectively B) $5.11, $1,205.11, respectively C) $25.61, $1,000, respectively D) $5.11, $1,000, respectively
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