A practical guide to building fully operational financial cash flow models for structured finance transactions Structured finance and securitization deals are becoming more commonplace on Wall Street. Up until now, however, market participants have had to create their own models to analyze these de
Modeling Structured Finance Cash Flows with Microsoft Excel: A Step-by-Step Guide
✍ Scribed by Keith A. Allman
- Publisher
- Wiley
- Year
- 2007
- Tongue
- English
- Leaves
- 221
- Category
- Library
No coin nor oath required. For personal study only.
✦ Synopsis
The book aims to have the readers build a cash flow model for structured finance and securitization deals by following step-by-step instructions. The author explains individual functions and formulas, while also providing the theory behind the spreadsheets. Each chapter begins with an explanation of theory, followed by a section called "Model Builder," in which the author translates the theory into functions and formulas. In addition, a companion CD will feature all of the modeling exercises, as well as a final version of the model that is created in the text.
✦ Subjects
Финансово-экономические дисциплины;Финансовое планирование и прогнозирование;
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I've worked with simulation in business for over 20 years, and Allman really nails it with this book. I admit that I own his previous book on structured finance cash flows, but I was surprised by what I found in here. He addresses the fundamental questions of how decision makers react to simulations
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