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(Computation of Bond Liability) George Hincapie Inc. manufactures cycling equipment. Recently,the vice president of operations of the company has requested construction of a new plant to meet the increasingdemand for the company's bikes. After a careful evaluation of the request, the board of directorshas decided to raise funds for the new plant by issuing $2,000,000 of 11% term corporate bonds on March 1,2014, due on March 1, 2029, with interest payable each March 1 and September 1. At the time of issuance,the market interest rate for similar financial instruments is 10%.
InstructionsAs the controller of the company, determine the selling price of the bonds.
Use the Internet, locate at least three articles pertaining to the same problem confronting your company you examined in your Business Problem Analysis Paper completed in Week Two.
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1. Articulate the business evnironments and key issues the case is trying to address
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Value driver enhances the value of a product or service to consumers, creating value for the company. Advanced IT, reliability, and brand reputation are example
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