TRISAKTI University Final Test Open Book Financial Management and Capital Market Jakarta !" A#g#st $%!

$ Case!& 'Ma( Score) $%* As we do all know that Bapepam-LK will be transformed into Financial Service Authority on the next coming year !"#$% &lease explain several points as follows' #% (he role of Financial Service Authority in )ndonesia* !% +hy are the advantages and disadvantages of implementing Financial Service Authority* $% +hat are the key success factors of implementing the Financial Service Authority* ,% +hy the role of Accountant is very important* -score ' !". Case$& 'Ma( Score) "%* O+ligasi ,egara Ritel 'ORI* )ssue Amount /p! Bond issue total face value is /p! (rillion (rillion )ssue 0ate "12#,2#! Bond 3ffered to the &ublic in 4une #, !"#! 5aturity 0ate "12#,2#6 /emaining principal is due 4une #, !"#6 7oupon #!8 5onthly interest /ating )nvestme Standard : &oor;s nt 9rade 5arket &rice ##"8 4une #< !"#! 5arket &rice ="8 4une #> !"#! Instr#ction) )f the bonds offered at 7ompute the current yield and the yield to maturity of 3/) traded at par at premium and at discount% +hat does it mean? @xplainA -score $".

Hari Purnomo, SE, MBA 081.23.23.78.23; PIN BB # 29F3260D ari.!urnomo.i"#$%mai&.'om

Case"& 'Ma( Score) -%* .erivative Transactions For/ard Contracts C#rrency '3en* per US 0 12#ivalent US 0 4ednesda T#esda y T#esday 4ednesday y "%""111111 "%""16## 6 , #<" #,= "%""1<$<=, "%""1<6> > = #<$ #<! "%""1!>= "%""1!< $ #1" #<= "%""<>>!$< "%""<=#6 $ ! #6" #1=

4apan -Ben. #-month forward $-months forward 1-months forward

Suppose you want to speculate on a rise in the C2D exchange rate -specifically you think that the 0ollar will appreciate.% 7urrently C# E D#<" and it appears that the dollar is strengthening% )f you enter into' a% #-month futures contract to sell D at the rate of C# E D#<$ you will make money if the yen depreciates% (he contract siFe is D#< """ """* b% #-month futures contract to buy D at the rate of C# E D#<$ you will make money if the yen appreciates% (he contract siFe is D!< """ """* c% $-month futures contract to sell D at the rate of C# E D#1" you will make money if the yen depreciates% (he contract siFe is D#6 <"" """* d% $-month futures contract to buy D at the rate of C# E D#1" you will make money if the yen appreciates% (he contract siFe is D$< """ """ e% 1-month futures contract to sell D at the rate of C# E D#6" you will make money if the yen depreciates% (he contract siFe is D!" """ """* f% 1-month futures contract to buy D at the rate of C# E D#6" you will make money if the yen appreciates% (he contract siFe is D,< """ """
Hari Purnomo, SE, MBA 081.23.23.78.23; PIN BB # 29F3260D ari.!urnomo.i"#$%mai&.'om

)f tomorrow the futures rate closes at C# E D#>" &lease compute' a% )nitial 5argin -in GSC. of each transactions above -point a b c d e and f.Hmax score !" b% &rofit or Loss -in GSC. of each transactions above -point a b c d e and f.Hmax score !" -(otal score' <".

Hari Purnomo, SE, MBA 081.23.23.78.23; PIN BB # 29F3260D ari.!urnomo.i"#$%mai&.'om