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Chapter 7 question 3 A 3.250 percent TIPS has an original reference CPI of 185.8. If the current CPI is 211.1, what is the par

Chapter 7 question 3

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 final answers to 2 decimal places.)

Par value $
Interest payment $

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