The+Space+Odyssey+Corporation

The+Space+Odyssey+Corporation - Group Case: The Space...

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Group Case: The Space Odyssey Corporation Professor Allen Huang The Space Odyssey Corporation is an aerospace company set up in 2000. The company is in a new and very promising business, space tourism. Inspired by Jules Verne ‘s books, such as “From the Earth to the Moon”, “Around the Moon”, the founder Allen has always dreamed of space traveling. He took the name of the company from the classic Sci-Fi movie, “2001: A Space Odyssey”. In order to finance his company, Allen has raised money through long-term bonds offering. The bonds that The Space Odyssey Corporation has issued were $10 million face value 20-year bonds, offering a coupon rate of 10% with interest paid semiannually. The discount rate for the bond was 11% at the time of the bond issuance. The bonds were issued on January 1 st , 2000, with interest paid on June 30 th and December 30 th of every year, and the principal due on December 30 th , 2019. During the 9 years of operation, The Space Odyssey Corporation has built a test
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vehicle and had two successful test flights. Due to its progress, the market now believes
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The+Space+Odyssey+Corporation - Group Case: The Space...

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