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Read the SUL Company case study. For your written assignment, I want you to calculate the premium (expressed as a percentage) that the self-unloader shipowner
Read the SUL Company case study. For your written assignment, I want you to calculate the premium (expressed as a percentage) that the self-unloader shipowner must charge compared to the owner of a standard bulker. This premium should be evaluated for a ship that costs $60 million to build (includes an additional $12 million in vessel cost for the self-unloader) and has a daily operating cost (opex) of $8,900. The premium must provide an equivalent return on capital (ROC) and return on equity (ROE) when compared to the original values for the standard bulker. (See guidelines below as to how to do this). In class we will discuss: The above calculation
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