Question
PT Dua Roda issued a bond with face value Rp 100.000.000.000,-. The bond is considered for settlement on 2 July 2016. Detailed information of PT
PT Dua Roda issued a bond with face value Rp 100.000.000.000,-. The bond is considered for settlement on 2 July 2016. Detailed information of PT Dua Roda's bond are summarized as follows:
Face Value Rp 100.000.000.000,-
Annual Coupon 12%
Annual Yield-to-Maturity 10%
Interest Payment Dates 20 May and 20 November
Maturity Date 20 November 2018
Calculate the full price that Bond PT Dua Roda will settle at on 2 July 2016.
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South-Western Federal Taxation 2020 Comprehensive
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
43rd Edition
357109147, 978-0357109144
