The option value of line of credit and it''s explanation on the interest spread of mortgage revolving loan
碩士 === 淡江大學 === 會計學系碩士班 === 93 === Revolving mortgage (bank commits to the borrower an extra line of credit with a higher borrowing rate in a certain period) can be considered as a “borrowing option” provided by the bank to borrower. Because the original mortgage and the line of credit share the sa...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2005
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| Online Access: | http://ndltd.ncl.edu.tw/handle/19575338531673858811 |