Question: I need to get the required freight rate = = A ship costs $10 mil., financed through a 7 year loan. The vessel's income and

I need to get the required freight rate
= = A ship costs $10 mil., financed through a 7 year loan. The vessel's income and expense days are 355 and 365, respectively. Loan Tenor 7 years. Required return (WACC) = 10%. Annual CAPEX and OPEX expenses = 8,000$/day 365 days Annual Income = TC rate * 355 days Net Income Annual Income - Annual Expenses RFR is the TC rate, which will be sufficient to cover expenses and provide a 10% return on investment That is, it is the minimum time charter rate, which the ship needs to achieve over the 7 year period in order to achieve NPV>=0 for the loan to be repaid =
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