Home /
Expert Answers /
Finance /
a-4-50-percent-tips-has-an-original-reference-cpi-of-176-10-if-the-current-cpi-is-208-00-what-is-t-pa261
(Solved): A 4.50 percent TIPS has an original reference CPI of 176.10. If the current CPI is 208.00, what is t ...
A 4.50 percent TIPS has an original reference CPI of 176.10. If the current CPI is 208.00, what is the current interest payment and par value of the TIPS? Assume semi-annual interest payments and $1,000 par value.