Hi Ian,
Thanks for the interesting case!
Should the Monthly Fees in the Exibit 1 be equal to $10M, not $1M? This is as per the calculations provided in the Cost Reduction Calculations section, where we assume Fees to be 10M per month.
Thanks!
Nikita
Hi Ian,
Thanks for the interesting case!
Should the Monthly Fees in the Exibit 1 be equal to $10M, not $1M? This is as per the calculations provided in the Cost Reduction Calculations section, where we assume Fees to be 10M per month.
Thanks!
Nikita
Hi Nikita,
My pleasure! I'm glad you enjoyed it :)
That's a great catch! You are indeed correct. So, the new cost savings should be $531.1 ($4.5M lower than the current answer).
I'm having the case updated now. Thanks for pointing this out!
Good catch :)