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Calculate the required bareboat rate and residual value (sales price) of the vessels that yields an IRR of 15-16% for the investors over a 5

Calculate the required bareboat rate and residual value (sales price) of the vessels that yields an IRR of 15-16% for the investors over a 5 year period and an quarterly operational dividend yield between 6-8%. The bareboat rate cannot exceed a cash-break-even level of USD 12,000 per day, per vessel, for the counterpart.

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