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Problem 7-8 TIPS Interest and Par Value (LG7-2) A 4.375 percent TIPS has an original reference CPI of 179.5. If the current CPI is 205.8,

Problem 7-8 TIPS Interest and Par Value (LG7-2) A 4.375 percent TIPS has an original reference CPI of 179.5. If the current CPI is 205.8, what is the par value and current interest payment of the TIPS? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Par value Interest payment
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Problem 7-8 TIPS Interest and Par Value (LG7-2) A 4.375 percent TIPS has an original reference CPI of 179.5. If the current CPI is 205.8, what is the par value and current interest payment of the TIPS? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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