use a blank sheet and model the monthly cash flows for one loan with the following parameters
b. 300 000 loan, funded by 85% debt and 15% equity
c. Rate on the loan is 20%, rate on the debt is 12%
d. The term of the loan is 72 months, the debt is 60 month
e. The probability of default is 15%
f. The client also pays insurance to us of 1000 per month, the loss ratio is 65%
- 7 years ago
A+ Work
NOT RATED
Purchase the answer to view it
- oyo_117.xls