Section 7.3
... How long you plan to stay in one place How much privacy you would like to have ...
... How long you plan to stay in one place How much privacy you would like to have ...
The use of intangible assets as loan collateral
... In this paper, I explore the role of intangible assets in reducing financing frictions in credit markets.1 In the recent decades, firms have increasingly invested in intangibles to enhance their uniqueness and competitive advantage (Lev, 2001; Nakamura, 2001). However, higher dependence on intangibl ...
... In this paper, I explore the role of intangible assets in reducing financing frictions in credit markets.1 In the recent decades, firms have increasingly invested in intangibles to enhance their uniqueness and competitive advantage (Lev, 2001; Nakamura, 2001). However, higher dependence on intangibl ...
Design of Financial Securities: Empirical Evidence from Private-label RMBS Deals
... create a larger informationally sensitive first-loss equity tranche (DeMarzo and Duffie, 1999). We also find that measures of observable credit risk, such as FICO score and loan-to-value (LTV) ratio, are unrelated to the size of the equity tranche. However, these variables, and not the proportion of ...
... create a larger informationally sensitive first-loss equity tranche (DeMarzo and Duffie, 1999). We also find that measures of observable credit risk, such as FICO score and loan-to-value (LTV) ratio, are unrelated to the size of the equity tranche. However, these variables, and not the proportion of ...
A NON-ZERO-SUM GAME APPROACH TO CONVERTIBLE BONDS
... the company at a preset strike price $K. When calling, the bondholder must opt to surrender the security for $K or to exercise the conversion right immediately by force. Surely, the bond value equals max{K, λV } if the company value is V when a call happens. For the purpose of modeling tax benefits, ...
... the company at a preset strike price $K. When calling, the bondholder must opt to surrender the security for $K or to exercise the conversion right immediately by force. Surely, the bond value equals max{K, λV } if the company value is V when a call happens. For the purpose of modeling tax benefits, ...
Chapter 7 Bequests and the modified golden rule
... children, born when the young parent enters the economy and the grandparent retires from the labor market. Next period these children become visible in the model as the young generation in the period. Let bt be the bequest received at the end of the …rst period of “economic life” by a member of gene ...
... children, born when the young parent enters the economy and the grandparent retires from the labor market. Next period these children become visible in the model as the young generation in the period. Let bt be the bequest received at the end of the …rst period of “economic life” by a member of gene ...
NORTHEAST BANCORP /ME/ (Form: 10
... The Community Banking Division originates loans directly to consumers and businesses located in its market area. The LASG purchases primarily performing commercial real estate loans, on a nationwide basis, typically at a discount from their outstanding principal balances, producing yields higher tha ...
... The Community Banking Division originates loans directly to consumers and businesses located in its market area. The LASG purchases primarily performing commercial real estate loans, on a nationwide basis, typically at a discount from their outstanding principal balances, producing yields higher tha ...
Overview of IFRS
... 1. A lease is an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time. 2. A finance lease is a lease that transfers substantially all the risks and rewards incident to ownership of an asset. 3. An oper ...
... 1. A lease is an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time. 2. A finance lease is a lease that transfers substantially all the risks and rewards incident to ownership of an asset. 3. An oper ...