What is the current interest payment and par value of the, Financial Management

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What is the current interest payment and par value of the

TIPS Interest and Par Value A 3.50 percent TIPS has an original reference CPI of 171.8. If the current CPI is 207.1, what is the current interest payment and par value of the TIPS? (Round your answer to 2 decimal places.)

A. $1,000, $5.47, respectively

B. $1,205.47, $5.47, respectively

C. $1,000, $21.10, respectively

D. $1,205.47, $21.10, respectively

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