TIPS Interest and Par Value a 2½ Percent TIPS Has

question 41

Multiple Choice

TIPS Interest and Par Value A 2½ percent TIPS has an original reference CPI of 170.4. If the current CPI is 205.7, what is the current interest payment and par value of the TIPS? (Assume semi-annual interest payments and $1,000 par value.)

• A) $1000, $7.16, respectively
• B) $1000, $15.09, respectively
• C) $1207.16, $7.16, respectively
• D) $1207.16, $15.09, respectively

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Definitions:

Body Position

The arrangement or posture of the body, which can affect physical comfort, health, and performance in various activities.

Thermotherapy

Treatment using heat for therapeutic purposes to relieve pain and promote healing.

Swing-through Gait

A swing-through gait is a type of walking pattern where an individual moves both crutches forward and then swings both legs through the crutches, often used by people with lower limb disabilities.

Two-point Gait

A walking method using two points of support, such as crutches or canes, alternately with either foot to aid in mobility.