PT Sukses Selalu issues bonds with a nominal value of Rp $1,000,000,$ a coupon interest rate of $10\%$ per year, and a bond term of $4$ years. Currently, the bonds are traded at a price of Rp $1,050,000,$ which reflects a premium to the nominal value of the bonds. The current market interest rate is $8\%.$

Questions:

$1.$ Calculate the present value $($price$)$ of the bond using the prevailing market interest rate $(8\%).$

$2.$ Determine whether this bond is a discount bond or a premium bond.

$3.$ If an investor buys this bond now, what is the total return that will be obtained if the bond is held until maturity?