Question: TIPS Interest and Par Value A 3.75 percent TIPS has an original reference CPI of 175.80. If the current CPI is 207.70, what is the
TIPS Interest and Par Value A 3.75 percent TIPS has an original reference CPI of 175.80. If the current CPI is 207.70, 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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$22.15, $1,181.46, respectively
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$18.75, $1,000.00, respectively
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$37.50, $1,181.46, respectively
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$37.50, $1,000.00, respectively
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