Please answer both questions #1 and #2. If the problem can be solved using a HP 10bII+ Financial Calculator, please include the steps used on the calculator if possible. Thank you!

1.) 2.)

The Indigo Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Indigo has decided to locate a new factory in the Panama City area. Indigo will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs. Building A: Purchase for a cash price of $615,800, useful life 28 years. Building B: Lease for 28 years with annual lease payments of $71,850 being made at the beginning of the year. Building C: Purchase for $655,900 cash. This building is larger than needed; however, the excess space can be sublet for 28 years at a net annual rental of $6,850. Rental payments will be received at the end of each year. The Indigo Inc. has no aversion to being a landlord. Click here to view factor tables. In which building would you recommend that The Indigo Inc. locate, assuming a 11\% cost of funds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The Indigo Inc. should locate itself in Sarasota Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction of a new plant to meet the increasing demand for the company's bikes. After a careful evaluation of the request, the board of directors has decided to raise funds for the new plant by issuing $3,155,200 of 10% term corporate bonds on March 1, 2025, due on March 1 , 2040, with interest payable each March 1 and September 1. At the time of issuance, the market interest rate for similar financial instruments is 8%. Click here to view factor tables. As the controller of the company, determine the selling price of the bonds. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Selling price of the bonds $