Hi All,
When saying the upfront reserve will be amortized over a period of time, I think it means the reserve decreases to 0 at the end. I am just confused about whether the problem implies the upfront reserve is spreading out over this period? Could you help you opinions? Thanks a lot!
When saying the upfront reserve will be amortized over a period of time, I think it means the reserve decreases to 0 at the end. I am just confused about whether the problem implies the upfront reserve is spreading out over this period? Could you help you opinions? Thanks a lot!
BBA - Task 5 - Reserve is amortized
