Analyzing Equity Capital Programs of Banks for Cooperatives
分析了合作银行定期贷款和股权资本项目导致的复杂现金流交换，通过多期线性规划模型研究股权资本项目变化对融资项目现值的影响，并利用混合融资项目概念分析有效利率。
Abstract Characteristics of Banks for Cooperatives term loan and equity capital programs contribute toward complex intermittent exchanges of positive and negative cash flows between the cooperative lender and borrower and complicate the analysis of the net present value and effective interest of the financing project. A multiperiod linear program was developed to analyze the effect of variations in equity capital program components on the present value of the financing project. Furthermore, the concept of a “mixed financing project” was used to analyze the effective interest rate associated with such projects.