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Why So Many Different Loan Types Exist

Strategy Driven

Loans exist to service the consumer, and banks exist to give it out. If the credit just sits in a bank account, there’s no interest added and no need to give it back. Credit scores dictate what you can and can’t get because of your payback period or payment rate. What about the amount of variance in these things?

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select.

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