Quote:
Originally Posted by GGG
Here is where I disagree with you. The flames first offer likely has a break even NPV using a 15% discount rate. There is likely room to adjust the expected profits downward towards a 10% rate or lower if the city starts to absorb risks. Bingos number he ran are interesting and I am interested to see where it comes out if you assume that the project as proposed would be break even at 15% NPV then how much the Flames could contribute if the break even was only at 10% NPV.
You also never present your opening offer as your final offer.
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I can't imagine they planned a walkout on their opening offer.
And did Bingo not take into account interest expenses? Had that question when I read it but it was more of a skim.