Outstanding Principal as Prepayment Value: A Closed-Form Formula for Mortgage Pricing

Hyi-Cheng Tsai, Chin-Laung Lei, Jan-Ming Ho, Ming-Yang Kao, Szu-Lang Liao. Outstanding Principal as Prepayment Value: A Closed-Form Formula for Mortgage Pricing. J. Inf. Sci. Eng., 31(3):925-942, 2015. [doi]

Abstract

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