Table 11 The influence of ship price and... | Emerald Publishing

Table 11

The influence of ship price and exchange rate fluctuation on IRR

IRR (%)			Variation in ship price ($10,000)
			−20%	−15%	−10%	−5%	0%	5%	10%	15%	20%
			2,520	2677.5	2,835	2992.5	3,150	3307.5	3,465	3622.5	3,780
The exchange rate	−10%	5.85	18.51	17.51	16.60	15.78	15.03	14.34	13.71	13.12	12.57
	−8%	5.98	17.94	17.15	16.27	15.46	14.72	14.04	13.41	12.83	12.29
	−6%	6.11	17.59	16.82	15.94	15.14	14.41	13.75	13.13	12.56	12.03
	−4%	6.24	17.25	16.49	15.63	14.84	14.12	13.46	12.86	12.29	11.77
	−2%	6.37	16.93	16.17	15.32	14.55	13.84	13.19	12.59	12.04	11.52
	0%	6.5	16.61	15.87	15.03	14.27	13.57	12.93	12.34	11.79	11.28
	+2%	6.63	16.31	15.57	14.75	14.00	13.31	12.68	12.09	11.55	11.05
	+4%	6.76	16.01	15.29	14.47	13.73	13.05	12.43	11.85	11.32	10.82
	+6%	6.89	15.73	15.01	14.21	13.48	12.81	12.19	11.62	11.10	10.61
	+8%	7.02	15.45	14.75	13.95	13.23	12.57	11.96	11.40	10.88	10.39
	+10%	7.15	15.18	14.49	13.71	12.99	12.34	11.74	11.18	10.67	10.19

IRR (%)			Variation in ship price ($10,000)
			−20%	−15%	−10%	−5%	0%	5%	10%	15%	20%
			2,520	2677.5	2,835	2992.5	3,150	3307.5	3,465	3622.5	3,780
The exchange rate	−10%	5.85	18.51	17.51	16.60	15.78	15.03	14.34	13.71	13.12	12.57
	−8%	5.98	17.94	17.15	16.27	15.46	14.72	14.04	13.41	12.83	12.29
	−6%	6.11	17.59	16.82	15.94	15.14	14.41	13.75	13.13	12.56	12.03
	−4%	6.24	17.25	16.49	15.63	14.84	14.12	13.46	12.86	12.29	11.77
	−2%	6.37	16.93	16.17	15.32	14.55	13.84	13.19	12.59	12.04	11.52
	0%	6.5	16.61	15.87	15.03	14.27	13.57	12.93	12.34	11.79	11.28
	+2%	6.63	16.31	15.57	14.75	14.00	13.31	12.68	12.09	11.55	11.05
	+4%	6.76	16.01	15.29	14.47	13.73	13.05	12.43	11.85	11.32	10.82
	+6%	6.89	15.73	15.01	14.21	13.48	12.81	12.19	11.62	11.10	10.61
	+8%	7.02	15.45	14.75	13.95	13.23	12.57	11.96	11.40	10.88	10.39
	+10%	7.15	15.18	14.49	13.71	12.99	12.34	11.74	11.18	10.67	10.19