Suppose a OBLIGASI RITEL INDONESIA series-023 promises to pay Rp.

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Suppose a OBLIGASI RITEL INDONESIA series-023 promises to pay Rp. 2.249.730 three years from now. If the going interest rate on three-year is 4%, how much is the bond worth today? ​

Jawaban dan Penjelasan

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The bondis worthRp. 1,999,996.35 today. We can use the concept of present value to find the amount of bond.

Pembahasan:

To calculate the present value of the bond, we need to discount the future payment of Rp. 2.249.730 back to the present at the given interest rate of 4% per year. We can use the present value formula:

PV = FV / (1 + r)ⁿ

where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods.

In this case, FV is Rp. 2.249.730, r is 4% or 0.04 in decimal form, and n is 3 years.

Substituting these values into the formula, we get:

PV = 2,249,730 / (1 + 0.04)^3

PV = 2,249,730 / 1.1255

PV = 1,999,996.35

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Last Update: Mon, 10 Jul 23