modeling structured finance cash flows with microsoft excel a step by step guide phần 5 pot

... 1 25 Internal Testing 1 25 Cash In versus Cash Out 1 25 Modeling Structured Finance Cash Flows with Microsoft  Excel  A Step- by -Step Guide KEITH A. ALLMAN John Wiley & Sons, Inc. Modeling Structured ... Inc. Modeling Structured Finance Cash Flows with Microsoft  Excel  A Step- by -Step Guide KEITH A. ALLMAN John Wiley &...

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 ... columns A, B, and C as an example. 4 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL 1. Basic global inputs such as dates and timing. 2. Common asset in...

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 ... be extraordinarily rare to have a rate increase or decrease by 100 percent in one month.) Name this cell AssetPdCapFl1. 30 MODELING STR...

Ngày tải lên: 14/08/2014, 09:20

... Credit Analysis: Framework and Case Studies (New Hope, PA: Frank J. Fabozzi Associates, 2001), 2 45. 52 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL WA SMM curve from the Prepay Analysis ... 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...

Ngày tải lên: 14/08/2014, 09:20

... leave 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 Inputs sheet and create ... sheet. 84 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL and was classified as a default in August 20 05. The balance of the loan at that time was $1 ,58 0. At this...

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 ... (&apos ;Cash Flow'!Q7+&apos ;Cash Flow'!R7+&apos ;Cash Flow'!T7 +&apos ;Cash Flow'!U7)/(1 +$E $5) ∧ $A1 6 This formula adds the voluntary prepayments,...

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 ab...

Ngày tải lên: 14/08/2014, 09:20

... " Application.ScreenUpdating = False Const DebtBal As String = "FinalLoanBal" Const AdvRate1 As String = "LiabAdvRate1" Dim UnpaidLoan As Range Dim AdvanceRate As Range Range(AdvRate1) = 1 If Range(DebtBal) ... 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...

Ngày tải lên: 14/08/2014, 09:20

... 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 assumption (SDA) loss curves, ... Figure A. 8). FIGURE A. 8 Click the What-If Analysis button in the Data Tools group to select Goal Seek. Add-Ins The Analysis ToolPak and the Analysis ToolPak—VBA are Excel...

Ngày tải lên: 14/08/2014, 09:20