Question: Help Problem 7 - 7 TIPS Interest and Par Value ( LG 7 - 2 ) A 3 . 5 0 0 percent TIPS has

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Problem 7-7 TIPS Interest and Par Value (LG7-2)
A 3.500 percent TIPS has an original reference CPI of 186.0. If the current CPI is 211.3, what is the par value and current interest payment of the TIPS? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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Help Problem 7-7 TIPS Interest and Par Value (LG7-2) A 3.500

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