Projected number of loans sold per year Hi, Mean value of each loan (£) Interest rate across the 5-year period To: You Subject: New Green Housing Loan Initiative Product 1 7,000 35,000 Direct cost (£) for supply of grants @£2,000 70,000,000 per grant, across total 5-year period Operational (administrative) cost per 1,000 loans 11% Best wishes, 1,000,000 Product 2 3,000 80,000 3.75% N/A 1,000,000 Thanks for agreeing to help us out with this task. I'd like to povide you with a bit of context behind the initiative. As a business, we are led by our clear purpose of Helping Britain Prosper, creating a more sustainable and inclusive future for people and businesses - shaping Finance as a Force for Good. As part of this, we are committed to playing our part in accelerating the transition to a low carbon economy and delivering our net zero ambitions. This particular project centres on the topic of Green Financing. As a business, we are actively looking to increase the volume of domestic customers investing in green and sustainable energy practices and building activities in their own homes. We will therefore be developing and launching a new loan product, targeted at our domestic customers, in order to incentivise them to engage in more energy efficient and sustainable building practices. We would like you to review the source material provided and make a comparison of the two different loan products we are currently considering. I have attached some further information on the products to support your analysis. Please note that each loan is offered over a total 5-year period, in the form of a fixed term agreement. In order to be eligible to apply for either product, consumers must pass full credit checks and demonstrate the ability to meet the required monthly repayments across the duration of the loan period. I look forward to working with you on this project!
Projected number of loans sold per year Hi, Mean value of each loan (£) Interest rate across the 5-year period To: You Subject: New Green Housing Loan Initiative Product 1 7,000 35,000 Direct cost (£) for supply of grants @£2,000 70,000,000 per grant, across total 5-year period Operational (administrative) cost per 1,000 loans 11% Best wishes, 1,000,000 Product 2 3,000 80,000 3.75% N/A 1,000,000 Thanks for agreeing to help us out with this task. I'd like to povide you with a bit of context behind the initiative. As a business, we are led by our clear purpose of Helping Britain Prosper, creating a more sustainable and inclusive future for people and businesses - shaping Finance as a Force for Good. As part of this, we are committed to playing our part in accelerating the transition to a low carbon economy and delivering our net zero ambitions. This particular project centres on the topic of Green Financing. As a business, we are actively looking to increase the volume of domestic customers investing in green and sustainable energy practices and building activities in their own homes. We will therefore be developing and launching a new loan product, targeted at our domestic customers, in order to incentivise them to engage in more energy efficient and sustainable building practices. We would like you to review the source material provided and make a comparison of the two different loan products we are currently considering. I have attached some further information on the products to support your analysis. Please note that each loan is offered over a total 5-year period, in the form of a fixed term agreement. In order to be eligible to apply for either product, consumers must pass full credit checks and demonstrate the ability to meet the required monthly repayments across the duration of the loan period. I look forward to working with you on this project!
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Which loan you would recommend llyods to take forward and why? Please read the email before you give answer to the question.
Transcribed Image Text:Projected number of loans sold per year
Hi,
Mean value of each loan (£)
Interest rate across the 5-year period
To: You
Subject: New Green Housing Loan Initiative
Product 1
7,000
35,000
Direct cost (£) for supply of grants @£2,000 70,000,000
per grant, across total 5-year period
Operational (administrative) cost per
1,000 loans
11%
Best wishes,
1,000,000
Product 2
3,000
80,000
3.75%
N/A
1,000,000
Thanks for agreeing to help us out with this task. I'd like to povide you with a bit of context behind the
initiative. As a business, we are led by our clear purpose of Helping Britain Prosper, creating a more
sustainable and inclusive future for people and businesses - shaping Finance as a Force for Good. As part of
this, we are committed to playing our part in accelerating the transition to a low carbon economy and
delivering our net zero ambitions.
This particular project centres on the topic of Green Financing. As a business, we are actively looking to
increase the volume of domestic customers investing in green and sustainable energy practices and building
activities in their own homes. We will therefore be developing and launching a new loan product, targeted at
our domestic customers, in order to incentivise them to engage in more energy efficient and sustainable
building practices.
We would like you to review the source material provided and make a comparison of the two different loan
products we are currently considering. I have attached some further information on the products to support
your analysis. Please note that each loan is offered over a total 5-year period, in the form of a fixed term
agreement. In order to be eligible to apply for either product, consumers must pass full credit checks and
demonstrate the ability to meet the required monthly repayments across the duration of the loan period.
I look forward to working with you on this project!
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