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Question: PQR Insurance Company purchases a corporate bond with a par value of 100,000,000 and coupon rate of 7% which will mature at par value
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PQR Insurance Company purchases a corporate bond with a par value of 100,000,000 and coupon rate of 7% which will mature at par value in due 5 years. The bonds were purchased at a premium of 105,000,000. Suppose the company earns an effective return of Z% of the purchase price on each coupons which are then accumulated into Sinking Fund with interest rate 5% effective in order to replace the premium paid to buy bonds the. What is the value of Z?
3. Perusahaan Asuransi PQR membeli sebuah obligasi korporasi dengan nilai par sebesar 100.000.000 dan tingkat kupon 7% yang akan jatuh tempo pada nilai par dalam tempo 5 tahun. Obligasi tersebut dibeli pada kondisi premium sebesar 105.000.000. Misalkan perusahaan mendapatkan imbal hasil efektif sebesar Z% dari harga beli atas setiap kupon yang kemudian diakumulasikan ke dalam Sinking Fund dengan tingkat bunga efektif 5% agar dapat menggantikan premium yang dibayar untuk membeli obligasi tersebut. Berapakah nilai ZStep by Step Solution
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