Speaker: Dr. Victor Wai

This is an application of the Cash Flow Based Lending Doctrine through a case study, which has been developed using a true story and data.  Seminar participants would be able to compare the Cash Flow Based Lending Doctrine with what they have been using in their current lending decisions.  We also welcome past students of the Course as this is the case (Dollar Applications Ltd.) that the speaker used in the final examination.  The speaker would like to take this opportunity to share his suggested answer.  Of course, as he emphasized in the Course that there is really no right or wrong answer in a lending decision.  It is always a balancing decision between risk and return.