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TIPS Interest and Par Value A 4 . 5 0 percent TIPS has an original reference CPI of 1 7 1 . 2 . If

TIPS Interest and Par Value A 4.50 percent TIPS has an original reference CPI of 171.2. If the current CPI is 206.5, 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.)
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