Question: Problem 7-7 TIPS Interest and Par Value (LG7-2) A 3.750 percent TIPS has an original reference CPI of 184.6. If the current CPI is

Problem 7-7 TIPS Interest and Par Value (LG7-2) A 3.750 percent TIPS

Problem 7-7 TIPS Interest and Par Value (LG7-2) A 3.750 percent TIPS has an original reference CPI of 184.6. If the current CPI is 209.9, 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.) ped Par value Interest payment

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