modeling structured finance cash flows with microsoft excel a step by step guide phần 4 potx

... Inc. Modeling Structured Finance Cash Flows with Microsoft  Excel  A Step- by -Step Guide KEITH A. ALLMAN John Wiley & Sons, Inc. Modeling Structured Finance Cash Flows with Microsoft  Excel  2 MODELING STRUCTURED ... 125 Internal Testing 125 Cash In versus Cash Out 125 Modeling Structured Finance Cash Flows with Microsoft...

Ngày tải lên: 14/08/2014, 09:20

... 2.1 Each individual loan has a principal balance, rate, and term. 6 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL Obtain All Necessary Information The more information available ... cells. 20 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL FIGURE 1.8 An example of a data validation list. FIGURE 1.9 Create a data validation list i...

Ngày tải lên: 14/08/2014, 09:20

... Prepayment terminology 43 38 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL MATCH(AssetFltIndx1,lstInterestRates,0)),(F6−AssetMarg1) +AssetPdCapFl1,AssetLifeCap1),(F6−AssetMarg1)−AssetPdCapFl1, AssetLifeFloor1),F6) This ... deals that have floating rate assets, which are more complex to model correctly. A floating rate asset can have a number of additional att...

Ngày tải lên: 14/08/2014, 09:20

... readily apparent in dynamic portfolio data because of the constantly changing mix in new and aged receivables. Additionally, data based on annual losses can understate 48 MODELING STRUCTURED FINANCE ... Defaults O4: Amort Factor P4: Prepay Rate Q4: Voluntary Prepay R4: Actual Amort S4: Interest Rate T4: Actual Interest U4: Principal Recovery V4: Ending Balance Many of these columns are...

Ngày tải lên: 14/08/2014, 09:20

... necessarily suggest an organization based 89 80 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL FIGURE 4. 16 100 percent SDA displayed as a line graph. a level .60 percent annual default ... Y5 and AE5 blank for spacing purposes. Move on to cell AF5 and label that cell SDA 50%,AG5SDA 100%,andAH5SDA 200 %. Name the range AF5:AI5 lstSDA. 4. Go back to the Input...

Ngày tải lên: 14/08/2014, 09:20

... is 107 Liabilities and the Cash Flow Waterfall 91 Each individual liability needs to be set up in a way that shows exactly what is needed, what can be paid based on what is available, what is unpaid, ... formula checks to see if the global trigger has been tripped and populates any cash remaining at the end of the waterfall. It is constrained by a MIN 102 MODELING STRUCTURED FI...

Ngày tải lên: 14/08/2014, 09:20

... swap. In a basic structured transaction a bank might have funded a transaction on a floating rate basis, but has structured the transaction with fixed rate assets. If the floating rate on the liabilities ... STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL Balances at Maturity Two very important tests check the asset and liability balance at maturity. The more impor...

Ngày tải lên: 14/08/2014, 09:20

... Conditional Formatting dialog box. FIGURE 8.11 Goal Seek dialog box. 146 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL FIGURE 9.1 In structured transactions cash is typically created and ... long an assets balance is outstanding. CHAPTER 10 Automation Using Visual Basic Applications (VBA) A powerful capability of all Microsoft Office applications is the a...

Ngày tải lên: 14/08/2014, 09:20

... scenarios, counting variables i and k are created, and array and string variables are declared. Arrays are a new concept for this section. An array is a range of data that can be multidimensional (containing ... " Application.ScreenUpdating = False Const DebtBal As String = "FinalLoanBal" Const AdvRate1 As String = "LiabAdvRate1" Dim UnpaidLoan As Range Dim Advanc...

Ngày tải lên: 14/08/2014, 09:20

... builder, 47 48 Prepayments absolute speed (ABS), 45 analysis, 4, 6, 49 assumptions, 23 calculation of, 44 cash flow waterfall and, 105 CPR (conditional prepayment rate), 44 curves, see Prepayment ... prepayments, 44 46 , 49 , 51–52, 54 55, 151 Slope analysis, 73 Small business loans, 1 Standard & Poor’s as information resource, 2 on static loss data, 65–66 Standard default as...

Ngày tải lên: 14/08/2014, 09:20