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Please Provide Detailed Working Step by Step Solution Provided in the Answer Find the RFR for a dry bulk carrier that has an initial cost
Please Provide Detailed Working Step by Step Solution Provided in the Answer
Find the RFR for a dry bulk carrier that has an initial cost of $80 million, annual operating costs of S1.85 million, and annual transport capacity of 4.25 million tons. The owner's target interest rate is 14% after tax. The tax rate is 25% and the ship's life is 20 years. (S3.91 per ton) Find the RFR for a dry bulk carrier that has an initial cost of $80 million, annual operating costs of S1.85 million, and annual transport capacity of 4.25 million tons. The owner's target interest rate is 14% after tax. The tax rate is 25% and the ship's life is 20 years. (S3.91 per ton)Step by Step Solution
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