kathy sham
2020-10-18 10:3245 why is prepayment can accelerate or decelerate the cash flow? If prepayment occur can reduce the interest , the cash much have reduced rather than increase
所屬:FRM Part II > Liquidity and Treasury Risk Measurement and Management 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個(gè)回答
Cindy助教
2020-10-22 15:40
該回答已被題主采納
同學(xué)你好,這里我們討論的prepayment,指的是本金的prepayment,和利息沒有關(guān)系哦,如果出現(xiàn)了prepayment,cash flow就加速償還了,那么最先償付的是senior,后是mezzanine,這樣一來,這些層級(jí)的壽命就會(huì)縮短,等到本金全部償付完畢,這些層級(jí)也就不存在了
