Jack (Jacques) A. Schnabel
Some Pitfalls in Loan Subsidy Valuation
Dr. Jacques A. Schnabel
published: 2008 | Research publication | Publications
This comment on a compendium of loan subsidy valuation methods argues that such methods must be extended to account for a diversity of loan structures, so that the resulting suitably-amended loan subsidy valuation methods are robust with respect to loan type.
This paper was published in the January 2009 issue of The Engineering Economist Volume 54, Number 1, pp. 75-79.
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revised Jan 15/08
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