Question
This incentive contract is based on a target price of $260,000 with expected costs of $240,000 and target incentive of $5,000. The contract specifies a
This incentive contract is based on a target price of $260,000 with expected costs of $240,000 and target incentive of $5,000. The contract specifies a share ratio of 80/20. If the actual cost is $249,000, what is the seller's final fee?
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Quantitative Credit Portfolio Management
Authors: Arik Ben Do, Lev Dynkin, Jay Hyman, Bruce D. Phelps
1st Edition
1118117697, 978-1118117699
