Combined loan-to-value (CLTV) ratio is the ratio of all loans on a property to the property's value. Lenders use it to determine risk of default. more What Is an Amortization Schedule? How to Calculate With Formula Amortization is an accounting technique used to periodically lower the book...
Second, it is shown that generalized imputed salvage values are equivalent to the stationary dual prices of an infinite-horizon linear program, thereby providing explicit computational formulae. Third, it is argued that imputed salvage values (not market salvage values) correctly measure economic value...
Second, we show that generalized imputed salvage values are equivalent to the stationary dual prices of an infinite-horizon linear program, thereby providing explicit computational formulae. Third, we argue that imputed salvage values (not market salvage values) correctly measure economic value and, ...