Question: Problem 7-7 TIPS Interest and Par Value (LG7-2) A 3.375 percent TIPS has an original reference CPI of 184.9. if the current CPI is 210.2,

Problem 7-7 TIPS Interest and Par Value (LG7-2) A 3.375 percent TIPS has an original reference CPI of 184.9. if the current CPI is 210.2, 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.) $ 1,000.00 Par value Interest payment

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