Question
Why is the base interest rate on a participation loan typically lower than the interest rate on a standard fixed-rate, fully- amortizing loan for the
Why is the base interest rate on a participation loan typically lower than the interest rate on a standard fixed-rate, fully- amortizing loan for the same amount and term? Why would the (expected) yield be higher than that of standard fixed-rate, fully-amortizing loan?
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
