NNEG: Rental yields versus imputed yields
My Kent colleague Radu Tunaru’s recent report for the Institute and Faculty of Actuaries (IFoA) on valuation of no negative equity guarantees was discussed at a meeting at Staple Inn last Thursday. A controversial element was the adjusted rental yield calculation of 0.2 x 5% = 1%, where 5% is the observed gross yield on rented properties and 0.2 … Read more