Question: TIPS Interest and Par Value A 3.00 percent TIPS has an original reference CPI of 171.6. If the current CPI is 206.9, what is the

TIPS Interest and Par Value A 3.00 percent TIPS has an original reference CPI of 171.6. If the current CPI is 206.9, what is the current interest payment and par value of the TIPS? Assume semi-annual interest payments and $1,000 par value. (Round your answer to 2 decimal places.)

TIPS Interest and Par Value A 4.00 percent TIPS has an original reference CPI of 175.90. If the current CPI is 207.80, what is the current interest payment and par value of the TIPS? Assume semi-annual interest payments and $1,000 par value. (Round your answers to 2 decimal places.)

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