Question: PT Dua Roda issued a bond with face value Rp 100.000.000.000,-. The bond is considered for settlement on 2 July 2016. Detailed information of PT

PT Dua Roda issued a bond with face value Rp 100.000.000.000,-. The bond is considered for settlement on 2 July 2016. Detailed information of PT Dua Roda's bond are summarized as follows:

Face Value Rp 100.000.000.000,-

Annual Coupon 12%

Annual Yield-to-Maturity 10%

Interest Payment Dates 20 May and 20 November

Maturity Date 20 November 2018

Calculate the full price that Bond PT Dua Roda will settle at on 2 July 2016.

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