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PT XYZ issued a three-year 4,25% annual coupon bond with the maturity value Rp 1.000.000.000,. The following table reports the yield rates as follows: Maturity

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PT XYZ issued a three-year 4,25% annual coupon bond with the maturity value Rp 1.000.000.000,. The following table reports the yield rates as follows: Maturity Par Rate Spot Rate Forward Type Forward Rate 1 2,5000% 2,5000% 0 years from now 2,5000% 2 3,0000% 3,0080% 1 year from now 3,5180% 3 3,5000% 3,5240% 2 years from now 4,5640% Suppose that PT XYZ has a special right to settle the bond before the maturity date. Estimate the Bond value (considering the special right) from PT XYZ

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