Cost of credit of some financial instruments in Singapore

• Main Authors: Lee, Yong Ming, Tan, Siew Ching, Yew, Josephine Hui Ling
• Other Authors: Low Chan Kee
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/64530
• Institution: Nanyang Technological University

Absence of controlling legislation and the general lack of understanding of the theory of interest has led to quoted interest rates underlying financial instruments that do not properly reflect the cost of finance. It is, thus, the aim of this study to provide a theoretically-based quantificatio...