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TIPS Interest and Par Value A 4.00 percent TIPS has an original reference CPI of 176.90. If the current CPI is 208.80, what is the
TIPS Interest and Par ValueA 4.00 percent TIPS has an original reference CPI of 176.90. If the current CPI is 208.80, what is the current interest payment and par value of the TIPS? Assume semi-annual interest payments and $1,000 par value. (Round your answers to 2 decimal places.)
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