1. XYZ Inc. has issued a 30-year bond that pays semiannually with a 6% coupon rate. If the market is yielding 8%, what is the current selling price of the bond?
2. XYZ Inc. has issued a 15-year bond that pays quarterly with a 4% coupon rate. If the bond is selling for $950, what is the future value of the bond?
3. What kinds of rules are most important to foreign investors in Indonesia’s mining sector? How are these rules made?