An investor purchased a newly issued 7-year TIPS with a 2% semi-annual coupon, priced at par. At the time the CPI was equal to 275.00. On the bond's next reset date, the CPI had risen to 286.00. What is the new semi-annual coupon payment and par value of the bond? Par value = $1.040 and the new semiannual coupon payment - $10.40 Par value - $1,000 and the new semiannual coupon payment - $20.40 Par value = $1,020 and the new semiannual coupon payment - $10.20 Par value = $1,020 and the new semiannual coupon payment-$20.40 Par value = $1,000 and the new semiannual coupon payment = $10.20