1. at present the Rubble exchange rate is 1 = USD 0.016 while USD 1 = IDR 14,041. It is also known that inflation in Russia is 2.4% and it is estimated that next month it will rise to 3.5%. while inflation in Indonesia is currently 3.41%. Based on these data, calculate what is the current exchange rate of one Russian Rubble to Rupiah? What is the Rubble exchange rate against Rupiahs for another month?

2. a company is considering issuing convertible bonds, because the company anticipates that interest will go down in the next 5 years.

it is known that if the company issues a straight bond, the company must pay a fixed interest of 10%. if the company issues a straight bond, the company can save interest at 3% per year. convertible bonds that will be offered are worth Rp50 million per share, with a tenor of 5 years. The convertible bonds will be exchanged after the third year to 200 lots of shares. at the time of the issuance of the convertible bonds, the market price of the shares was Rp 1500 per share. (a) calculate the value of the convertible bonds (b) what is the profit gained by the investor if you exchange the bonds in the 3rd year?