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

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Definitions:

Adoptive Families

Families that have become legally responsible for children who are not their biological offspring through the process of adoption, forming new familial bonds.

Infertility

The inability to conceive a child after trying for a significant amount of time or the inability to carry a pregnancy to full term.

Semi-open Adoption

A type of adoption where there is some level of contact or exchange of information between the adoptive and biological parents, but direct communication is typically mediated or facilitated through a third party.

Biological Parent

A parent who has contributed to the genetic constitution of a child.