What would the price be if the Bet Performer were 5 years younger (6 years old ratherÂ than 11 years old), if the ship were 20K DWT smaller (152K DWT rather than 172K DWT)Â or if charter rates in May 2008 were 30% lower (the trailing Capesize Index were 8,735Â instead of 12,479)? In each case, assume all other factors remain the same.Â 3. Using all three factors, what is the predicted price for the Bet Performer?Â e. How well do all three factors jointly explain ship prices?Â d. Following examination of the available data. Can you think of other factors that might predict ship prices?Â c. This article provides insight from data analysis that was conducted to estimate the optimal bidding price for capesize bulk carrier, the Bet Performer. What is the expected relationship between ship price and each factor listed in Exhibit 4Â (size, age, and charter rates)? What is the economic logic for why each factor mightÂ affect ship value?Â b. How much is the Bet Performer worth based on comparable transactions (no regression neededÂ here)? Which ship is the best reference transaction (the closest comparable)?Â 2.

Betperformer ship