Question
The bonds issued March 1, 2020 have a nominal value of Rp 10 million, a nominal interest rate of 9%. Fall down due at the
The bonds issued March 1, 2020 have a nominal value of Rp 10 million, a nominal interest rate of 9%. Fall down
due at the end of March 2040. Bond coupons are paid every semester. On June 1, 2020, Bonds
traded at 102.5 of the nominal value.
a. If you buy the bond on June 1, 2020, how much money should be
pay for? 1 year = 365 days ...
b. What coupon (interest) in IDR will you receive on September 1, 2020?
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Get StartedRecommended Textbook for
Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
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