Financial Modeling
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-we took historical Loans net of NCO (*)
-we look at their trends (I'll call it net-of-NCO trend if I may) and make a projection about future pace of growth (**)
-we derived future Loans numbers using (*) and (**) as our basis. This basis was surely net of any NCO.
So how could we get PRE NCO Loans as a result of using NET-of-NCO basis and trend? Read More