modeling structured finance cash flows with microsoft excel a step by step guide phần 6 pot

... 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 ... 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...

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

... to calculate them on a percentage basis. First, to create an area for the rates, copy C37:AA37 and paste this cell range in C 66: AA 66. Also copy B38:B62 and paste this cell range in B67:B91. Labels ... average and a weighted average. 68 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL 2. Similar to the delinquency analysis, copy the origination dates and bala...

Ngày tải lên: 14/08/2014, 09:20

... sheet. 84 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL and was classified as a default in August 2005. The balance of the loan at that time was $1,580. At this point, from a transaction ... necessarily suggest an organization based 89 80 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL FIGURE 4. 16 100 percent SDA displayed as a...

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, ... amount of credit enhancement a transaction will be able to withstand a certain amount of loss. Rating agencies have set certain standards for each asset class to determine a risk ra...

Ngày tải lên: 14/08/2014, 09:20

... The Cash In is all of the cash that is available to pay liabilities. At first this is all of the cash that the assets generate. While that is a large part of the Cash In each period, two of the advanced ... cell E 16: = (&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 p...

Ngày tải lên: 14/08/2014, 09:20

... MIN(IF(&apos ;Cash Flow'!CO7:CO 366 ,&apos ;Cash Flow' !A7 :A3 66 ,1000))} The array function here first performs an IF statement on the range CO7:CO 366 . The values for column CO are true or false ... Conditional Formatting dialog box. FIGURE 8.11 Goal Seek dialog box. 1 46 MODELING STRUCTURED FINANCE CASH FLOWS WITH MICROSOFT EXCEL FIGURE 9.1 In structured tr...

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) ... looping works in ranges. Finally, add a button labeled Calculate Analytics near D7 on the Inputs sheet and assign the macro. 160 MODELING STRUCTURED FI...

Ngày tải lên: 14/08/2014, 09:20

... static loss data, 65 66 Standard default assumption (SDA) loss curves, 74, 76, 79–81 trigger analysis, 110 Start date, 11 Static loss analysis, 64 , 67 , 71, 73 report, 59 Static pool data, 65 66 Stressor, ... recoveries, 86 88 structure, 3–5 waterfall, see Cash flow waterfall Cash flow generation influential factors, 4 loss projections and, 73–74 Cash flow model advanced, 6 assumpt...

Ngày tải lên: 14/08/2014, 09:20