A 415 Percent TIPS Has an Original Reference CPI of 182

question 31

Multiple Choice

A 4.15 percent TIPS has an original reference CPI of 182.1. If the current CPI is 188.3, what is the par value of the TIPS?

• A) $1,034.05
• B) $1,004.75
• C) $1,000.00
• D) $967.07

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Definitions:

Timeliness

The characteristic of being done or occurring at a favorable or useful time; promptness.

Subjective Judgment

Personal opinions or assessments based on individual feelings, tastes, or opinions, rather than on external facts or evidence.

Workable Approaches

Practical methods or strategies that can be effectively applied to achieve desired outcomes or solve problems.

One-minute Reprimand

A management technique that involves giving immediate and specific feedback about a problem, followed by a reaffirmation of the person's value, all within one minute.