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TIPS Interest and Par Value A 4.00 percent TIPS has an original reference CPI of 171.0. If the current CPI is 206 3, what is
TIPS Interest and Par Value A 4.00 percent TIPS has an original reference CPI of 171.0. If the current CPI is 206 3, 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.) Multiple Choice $6.43, $1,206.43, respectively $6.43, $1,000, respectively $24.13, $1,000, respectively $2413, $1,206.43, respectively
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