Would someone be kind enough to enter the following code into an Excel Spreadsheet and attach it in this thread. Thanks!
Simple one-period returns:
Code:
let g = Grantors money
let p = Participants money
let m = Market returns
let r = Guaranteed rate of return to the low income savers
let G = g/p = ratio of grantors' money to participants' money
g * (1+m) ≥ p * (1+r)
G ≥ (1+r)/(1+m)
r ≤ G*(1+m) - 1
m ≥ (1+r) / G - 1
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