Question 1

Hafiz receives $ 50,000 per year for the next five years. The applicable interest rate 20% per year. What is the present value if the payment is in ordinary annuity? How many present value if the payment is in the form of annuity due? Which gives the present value highest and why? 

Question 2

PT Saratoba has bonds with a face value of $ 15,000 which will mature in 18 year. The bonds provide a coupon rate of 7% per annum which will be paid out on a daily basis six months for the first 5 years, then paying $ 700 every six months for 10 the following year, and then paid $ 800 every six months for the last three years. If the required rate of return is 9%, what is the current price of the bond? 

Question 3

PT Arsenal recently distributed a dividend of $ 3.45 per share. The company plans

to increase dividends by 7.3% next year. If the stock sells for $ 47 per shares, what is the rate of profit offered by these shares if the above statement is right?