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AN ACCURATE ANALYSIS OF VULNERABLE LOAN GUARANTEES.

Authors :
Van Son Lai
Min-Teh Yu
Source :
Research in Finance; 1999, Vol. 17, p103, 35p, 23 Graphs
Publication Year :
1999

Abstract

Analyzes the relevance of loan guarantees to the evaluation of financial contracts. Forms of private and vulnerable loan guarantees; Analysis of the guarantee by numerical-integration techniques; Inadequacy of the sum of lognormal variables for pricing private guarantees.

Subjects

Subjects :
LOANS
SURETYSHIP & guaranty
GUARANTEED investment contracts

Details

Language :
English
ISSN :
01963821
Volume :
17
Database :
Complementary Index
Journal :
Research in Finance
Publication Type :
Academic Journal
Accession number :
5259177

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