Hire-purchase installments: are you quoting right?

dc.contributor.author	Rao, C. V.
dc.contributor.author	Ragunathan, V.
dc.date.accessioned	2010-03-28T11:33:09Z
dc.date.available	2010-03-28T11:33:09Z
dc.date.copyright	1994-07
dc.date.issued	2010-03-28T11:33:09Z
dc.identifier.uri	http://hdl.handle.net/11718/1726
dc.description.abstract	This paper is concerned with the practice in the financial sector to quote hire-purchase installments for 100% finance schemes and deposit linked hybrid finance schemes on the basis of equal IRRs. The paper shows the inherent problems in the methodology adopted by the industry and highlights the extent to which the industry may be under quoting in cases of its hybrid schemes and presents a more equitable approach to quotations for different schemes, the paper also presents a more acceptable approach to such quotations.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;1994/1200
dc.subject	Instalment plan	en
dc.subject	Finance schemes	en
dc.title	Hire-purchase installments: are you quoting right?	en
dc.type	Working Paper	en