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Savannah Merchant Marine Co. (henceforth SMM or the firm/company) is a cargo shipping company based in Savannah, Georgia, that operates freight vessels in various sizes.

Savannah Merchant Marine Co. (henceforth "SMM" or the firm/company) is a cargo shipping company based in Savannah, Georgia, that operates freight vessels in various sizes. In December 2050, the firm is reviewing the proposal for a new dry bulk carrier in an attempt to capture a potential increase in the global demand for freight shipping. The CFO has asked you to estimate cash flows expected from the new ship over its asset life. To aid the analysis, the CFO and the SMM Finance team have collected data from various sources, as summarized below

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