Question: A 3 . 2 5 0 percent TIPS has an original reference CPI of 1 8 5 . 8 . If the current CPI is

A 3.250 percent TIPS has an original reference CPI of 185.8. If the current CPI is 211.1, what are the current interest payment and par value of the TIPS?
Note: Do not round intermediate calculations. Round your final answers to 2 decimal places.

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