A 295 Percent TIPS Has an Original Reference CPI of 180

question 57

Multiple Choice

A 2.95 percent TIPS has an original reference CPI of 180.2. If the current CPI is 205.1, what is the current interest payment and par value of the TIPS? (Assume semiannual interest payments and $1,000 par value.)

• A)$878.60, $16.79, respectively
• B)$1,000.00, $29.50, respectively
• C)$1,138.18, $16.79, respectively
• D)$1,138.18, $29.50, respectively

---

Definitions:

Bacterial Chromosome

A Bacterial Chromosome is a DNA molecule found in bacteria, typically circular and containing most of the genetic information required for the cell's structure, function, and reproduction.

Emerging Disease

A disease that has appeared in a population for the first time, or that may have existed previously but is rapidly increasing in incidence or geographic range.

Bacteriophage

A type of virus that infects bacteria, often used in molecular biology research and potential antibacterial therapies.

Retrovirus

A type of virus that uses RNA as its genetic material and reversely transcribes its RNA into DNA for integration into the host's genome.