A 5 1/8% TIPS Has an Original Reference CPI of 191.8

question 60

Multiple Choice

A 5 1/8% TIPS has an original reference CPI of 191.8. If the current CPI is 188.3, what is the par value of the TIPS?

• A) $981.75
• B) $1,018.60
• C) $992.75
• D) $1,042.95

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Definitions:

Taste Qualities

The five recognized sensations experienced when tasting: sweet, sour, bitter, salty, and umami.

Oscilloscope

An electronic instrument used to visualize and measure varying signal voltages, typically represented as waveforms on a screen.

Sound Waves

Vibrations that travel through air or another medium and can be heard when they reach an ear or a similar sensory mechanism.

Vestibular Sense

The awareness of the balance, position, and movement of the head and body through space in relation to gravity’s pull.