Ocean Carriers

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Page $7$ of $16$

Question $7(4$ points$)$

Select the following answers that were viable strategies for Ocean?

build the capesize ship but defer it by $3$ years when interest rates declined and spot rates increased

buy one new capesize ship

buy a capesize ship on the secondary market as long as it was less than $5$ years old

buy two small ships instead of one big one

do not buy any ship