Question
TIPS Interest and Par Value A 3.25 percent TIPS has an original reference CPI of 171.7. If the current CPI is 207.0, what is the
TIPS Interest and Par Value A 3.25 percent TIPS has an original reference CPI of 171.7. If the current CPI is 207.0, 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.)
Bond Quotes Consider the following three bond quotes; a Treasury note quoted at 102:18, and a corporate bond quoted at 98.85, and a municipal bond quoted at 103.05. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? (Round your answers to 2 decimal places.)
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