Reply: Reply from Steve



If they will do ten years then that would probably be ok. I am still concerned about James using December as a start date. We can hopefully discuss tomorrow.

Orig:
> Fr:Kimberly.Watson@enron.com
> Sub:DCF
> Steve,
> 
> James ran numbers.  $.22 for 10 yr. for 43,300/d is a DCF of 16.57% with
> no resubscriptions.  This looks better than any of the 5 year cases on
> either a 120/d case or 150/d case.  Thoughts?  We have not approached
> Duke with a 10 yr term yet.  Thanks, Kim and Michelle
> 
> 
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