...
with expected recovery cash flows RCF(s) and discount factors DCFn(s) of the form
where EIR is the effective interest rate and Δ(tn,s) is the time gap between posting date tn and date recovery payment date s.
...
with expected recovery cash flows RCF(s) and discount factors DCFn(s) of the form
where EIR is the effective interest rate and Δ(tn,s) is the time gap between posting date tn and date recovery payment date s.