questions :
You have been offered three kind of corporate bonds and you need to make a recommendation which bonds should be selected to get the best investment return (it is also possible not to investment as well). The following are the information for the bonds: 1. The first bond is sell at par 100% with transaction cost 1% from its face value and value added cost 10% from its transaction cost. You decide that for the hardle rate (required return) you will use data from credible bond rating agency. The other information abou the bond is provided as follows: Security name OBLIGASI BERKELANJUTAN II ADHI KARYA TAHAP II TAHUN 2019 SERI B Issuer : ADHI KARYA (PERSERO) Tbk, PT ISIN Code IDA000098485 Short Code : ADHI02BCN2 Type : Straight Bonds Listing Date : 26 Juni 2019 Stock Exchange : IDX Status : Active Nominal : 473,500,000,000.00 Current Amount : 473,500,000,000.00 Mature Date : 25 Juni 2024 Interest/Disc Rate 9.75% Interest Type : FIXED Interest Frequency : 3 MONTHS Currency : IDR Form : Electronic Effective Date ISIN Day Count Basis Activity Sector : BUILDING CONSTRUCTIONThe second bond is sell at discount 97.5%% with transaction cost 1% from its face value and value added cost 10% from its transaction cost. You decide that for the hardle rate (required return) you will use data from credible bond rating agency. The other information abou the bond is provided as follows: ANGKASA PURA II (PERSERO), PT Security name OBLIGASI BERKELANJUTAN I ANGKASA PURA II TAHAP II TAHUN 2020 SERI A Issuer : ANGKASA PURA II (PERSERO), PT ISIN Code : IDA0001084A5 Short Code APIA01ACN2 Type : Straight Bonds Listing Date : 14 Agustus 2020 Stock Exchange : IDX Status Active Nominal 32,000,000,000.00 Current Amount 0.00 Mature Date : 13 Agustus 2023 Interest/Disc Rate 7.8% Interest Type : FIXED Interest Frequency : 3 MONTHS Currency : IDR Form : Electronic Effective Date ISIN Day Count Basis Activity Sector OTHER SECTORSThe third bond is sell at premium 102.5% with transaction cost 1% from its face value and value added cost 10% from its transaction cost. You decide that for the hardle rate (required return) you will use data from credible bond rating agency. The other information abou the bond is provided as follows: ANEKA GAS INDUSTRI Tbk, PT Security name : OBL BKLJT I ANEKA GAS INDUSTRI THP I TH2017 SERI B Issuer ANEKA GAS INDUSTRI Tok, PT ISIN Code : IDA00008 10B2 Short Code AGI101BCN1 Type : Straight Bonds Listing Date 07 Juni 2017 Stock Exchange : IDX Status : Active Nominal : 19,000,000,000.00 Current Amount : 19,000,000,000.00 Mature Date : 06 Juni 2022 Interest/Disc Rate : 10.35% Interest Type : FIXED Interest Frequency : 6 MONTHS Currency : IDR Form : Electronic Effective Date ISIN Day Count Basis Activity Sector : ENERGY