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Essay text:
Included in this recommendation are a number of important assumptions, each of which is described in detail below, that we believe are neither conservative nor aggressive in nature. A sensitivity analysis of major assumptions in our analysis is included on the final page of this memo. In each viable case, we arrived at the same conclusion to not undertake this project.
Client Contract Proposal and Timing
This project arose as a result of an attractive offer presented by a client. The client offer is for what we estimate to be a 10-13% premium to 3-year time charter rates over the life of the contract...
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