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TIPS Interest and Par Value A 3.75 percent TIPS has an original reference CPI of 170.9. If the current CPI is 206.2, what is the current interest payment and par value of the TIPS? (Round your answer to 2 decimal places.)

$1,000, $22.62, respectively

$1,000, $6.55, respectively

$1,206.55, $6.55, respectively

$1,206.55, $22.62, respectively

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91767920

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