Assume that ABC is selling currently 0.125 MM of books a week and every 6 weeks this amount of sales is doubled (i.e., 250MM a week in 6 weeks, etc.). This rate of growth will be maintained for one year (assume a year has 54 weeks, and that ABCs sale will double at the end of week 54 for last time). After that ABCs growth will completely stop.

ABC can now issue a 10 years bond to support its growing business.

What should be the minimal face value to support this business for next ten years.

Try to answer this question using high-school math and (separately) Excel.

Given: ABC pays cash for books it buys from publishers and gives buyers a 3 month credit.