PT. ABC issued bonds worth IDR 1 billion with a coupon rate of 12%, maturing in 5 years.

Questions

1). If the bonds are in year 3 (end of year 2) repurchased by the issuer at a price level of Rp 1.1 billion, what is the yield when repurchased (yield to call)?

2). If 95% of the time is purchased, the remaining age is 3 years, floating interest rate above 0.65% Jakarta Interbank Offered Rate (JIBOR) 3 months. Calculate what the bond yield is (use the straight-line method)!