Title: Research on Pricing Method of Housing Reverse Mortgage Loan with Right of Redemption
Abstract: This paper revises the pricing method of housing reverse mortgage loan with right of redemption and obtains an advanced option pricing model in allusion to shortages of option method.Considering the influence of lifetime on the term of loan,it further uses actuarial principle to optimize the advanced option pricing model and obtains a more accurate and reasonable option-actuarial pricing model and method,and verifies the feasibility and rationality of the method through case analysis.
Publication Year: 2013
Publication Date: 2013-01-01
Language: en
Type: article
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