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
Fees Costs - $10M or $1M?
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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!
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Good catch :)
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