{"id":2250,"date":"2021-07-11T13:55:35","date_gmt":"2021-07-11T04:55:35","guid":{"rendered":"http:\/\/minjae9037.synology.me\/wordpress\/?p=2250"},"modified":"2021-07-11T14:05:51","modified_gmt":"2021-07-11T05:05:51","slug":"%eb%b6%80%eb%8f%99%ec%82%b0-%ea%b8%88%ec%9c%b5-%eb%b6%80%eb%8f%99%ec%82%b0-pf-1-%ea%b0%9c%ec%9a%94","status":"publish","type":"post","link":"https:\/\/minjae9037.synology.me\/wordpress\/archives\/2250","title":{"rendered":"[\ubd80\ub3d9\uc0b0 \uae08\uc735] \ubd80\ub3d9\uc0b0 pf #1 \uac1c\uc694"},"content":{"rendered":"

Hits: 13061<\/p>\n

\uc5f0\uc7ac \uc608\uc815 \ubaa9\ucc28<\/strong>
\ubd80\ub3d9\uc0b0 PF #1 \uac1c\uc694
\ubd80\ub3d9\uc0b0 PF #2 \ube0c\ub9bf\uc9c0\ub860
\ubd80\ub3d9\uc0b0 PF #3 IM \uc124\uba85 (\uc2e4\ubb3c)
\ubd80\ub3d9\uc0b0 PF #4 IM \uc124\uba85 (\uac1c\ubc1c)
\ubd80\ub3d9\uc0b0 PF #5 \ucc45\uc900\uad00\ud1a0 \uc124\uba85 (\uac1c\ubc1c)
\ubd80\ub3d9\uc0b0 PF #6 \ubbfc\uac10\ub3c4 \ubd84\uc11d
\ubd80\ub3d9\uc0b0 PF #7 \uac1c\ubc1c\uc0ac\uc5c5 \ubaa8\ub378\ub9c1 \ubc29\ubc95(\uc774\ud558 \ucd94\ud6c4 \uacf5\uc9c0)<\/p>\n\n\n\n

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[1] \ubd80\ub3d9\uc0b0 PF \uac1c\uc694<\/h2>\n\n\n\n

\ubd80\ub3d9\uc0b0 \uac1c\ubc1c(\uae08\uc735) \uc0ac\uc5c5\uc740 \ubd80\ub3d9\uc0b0 PF(Project Financing)<\/span><\/strong>\ub97c \ud1b5\ud574\uc11c \uc790\uae08\uc744 \uc870\ub2ec\ud558\uac8c \ub429\ub2c8\ub2e4.<\/p>\n\n\n\n

\uc77c\ubc18 \uae30\uc5c5\uc774 \ub300\ucd9c\uc744 \ud1b5\ud574 \uc790\uae08\uc744 \uc870\ub2ec\ud558\uba74 \ud574\ub2f9 “\ubd80\ucc44”\uac00 \uc7ac\ubb34\uc81c\ud45c\uc5d0 \uc313\uc774\uac8c \ub418\ub294\ub370, \uc774\ub294 \uc7ac\ubb34 \uac74\uc804\uc131\uc5d0 \uc545\uc601\ud5a5\uc744 \uc8fc\uac8c \ub429\ub2c8\ub2e4.<\/p>\n\n\n\n

\uac1c\ubc1c\uc744 \ud558\uba74 \ud560\uc218\ub85d \ub300\ucd9c(-)\uc774 \uc218\uc775(+)\ubcf4\ub2e4 \uba3c\uc800 \uc9d1\ud589\ub418\uace0, \uc815\uc0b0\uc774 \ub098\uc911\uc5d0 \ub418\uae30 \ub54c\ubb38\uc5d0 \ub3c8\uc744 \ubc8c\uaca0\ub2e4\uace0 \uc77c\uc744 \uc5f4\uc2ec\ud788 \ud558\ub294\ub370 \ub300\uc678 \uc218\uce58\uc0c1 \uc545\uc601\ud5a5\ub9cc \ub07c\uce69\ub2c8\ub2e4. (\uad6d\ub0b4 \uac74\uc124 \uc2dc\uc7a5\uc740 \uc120\ubd84\uc591\uc774\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \ud6c4\ubd84\uc591 \uad6c\uc870\ub294 \uad6d\ub0b4 \uc120\uc124\uc0ac \uc911\uc5d0 \uac00\ub2a5\ud55c \uacf3\uc774 \uba87\uac1c \uc5c6\uc2b5\ub2c8\ub2e4)<\/p>\n\n\n\n

\uc774\ub294 \uae08\uc735\uae30\uad00(\ub300\uc8fc\ub2e8)\uacfc \uac74\uc124\uc0ac, \uc2dc\ud589\uc0ac \ubaa8\ub450\uc5d0\uac8c \uc0c1\ub300\uc801\uc73c\ub85c \ubd88\ub9ac\ud55c(\ub09c\ucc98\ud55c) \uc870\uac74\uc774\uace0 \ubd80\ub2f4\uc774 \ub418\uae30 \ub54c\ubb38\uc5d0,<\/p>\n\n\n\n

SPC(\ucc28\uc8fc), PFV \ub4f1\uc744 \uc124\ub9bd\ud558\uc5ec \ubd80\uc678\uae08\uc735(Off-balance)<\/span><\/strong> \ud6a8\uacfc\ub97c \uc77c\uc73c\ud0a4\uace0 \ubcf4\uc804\ucc44\uad8c\uc5d0 \ub300\ud55c Risk\ub97c hedge \ud558\ub294 \ub4f1 \uc870\uce58\ub97c \ucde8\ud558\uba74\uc11c \ubd80\ub3d9\uc0b0 \ub300\ucd9c PF\ub97c \uc77c\uc73c\ucf1c\uc11c \uc0ac\uc5c5\uc744 \uc9c4\ud589\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

<\/p>\n\n\n\n

[2] \ubd80\ub3d9\uc0b0 PF \uad6c\ubd84<\/h2>\n\n\n\n
\"\ubd80\ub3d9\uc0b0
\ubd80\ub3d9\uc0b0 \uac1c\ubc1c \uad6c\ubd84 (\uc2e4\ubb3c, \uac1c\ubc1c)<\/figcaption><\/figure>\n\n\n\n

\ubd80\ub3d9\uc0b0 \uac1c\ubc1c\uc0ac\uc5c5\uc744 \ud06c\uac8c \uad6c\ubd84\ud558\uc790\uba74, (1) \uc774\ubbf8 \uac74\ucd95\ubb3c\uc774 \uc644\uc131\ub41c \uc2e4\ubb3c \ubd80\ub3d9\uc0b0\uc5d0 \ud22c\uc790\ud574\uc11c \uc218\uc775\uc744 \ucc3d\ucd9c\ud558\uac70\ub098 (2) \ud1a0\uc9c0 \ub9e4\uc785\ub2e8\uacc4\ubd80\ud130 \ud22c\uc790\ud558\uc5ec \uac74\ucd95\ubb3c\uc744 \uc644\uc131\uc9d3\uace0, \ubd84\uc591\ud574\uc11c \ub9e4\uac01\ud558\ub294 \uad6c\uc870\uac00 \uc788\ub2e4\uace0 \ubcfc \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

\ubb3c\ub860 (2) \ubd80\ub3d9\uc0b0 \uac1c\ubc1c \ud6c4 (1) REIT’s \ub4f1\uc758 \uad6c\uc870\ub85c \uc784\ub300\uc6b4\uc601 \ub4f1\uc744 \ud1b5\ud574 \uc218\uc775\uc744 \ub0b4\uace0 \ubc30\ub2f9\ud558\ub294 \uad6c\uc870\ub3c4 \uc788\uc2b5\ub2c8\ub2e4. (\ub610\ub294 SOC \ub4f1)<\/p>\n\n\n\n

<\/p>\n\n\n\n

[2-1] \uc2e4\ubb3c \ubd80\ub3d9\uc0b0 \ud22c\uc790<\/h3>\n\n\n\n
\"\ubd80\ub3d9\uc0b0
\uc624\ud53c\uc2a4 \uc2dc\uc7a5 Market Report(\uc790\ub8cc : Avison Young)<\/figcaption><\/figure>\n\n\n\n

\uc2e4\ubb3c \ubd80\ub3d9\uc0b0\uc758 \uc8fc \ud0c0\uac9f\uce35\uc740 \uc624\ud53c\uc2a4 (Office) \uac74\ubb3c\uc785\ub2c8\ub2e4. \uc544\ubb34\ub798\ub3c4 \uc548\uc815\uc801\uc73c\ub85c \uc784\ucc28\uc778\uc774 \ud655\ubcf4\ub418\uc5b4 \uc788\uac70\ub098, \ud655\ubcf4\ud558\uba74 \ub418\uace0 \uac74\ucd95\ubb3c\uc774 \uc644\uc131\ub418\uc5b4 \uc788\uc5b4\uc11c \ud22c\uc790\ud55c \uae08\uc561 \ub300\ube44 Risk\uac00 \uc0c1\ub300\uc801\uc73c\ub85c \uac1c\ubc1c\uc0ac\uc5c5\uc5d0 \ube44\ud574 \uc791\uc2b5\ub2c8\ub2e4.
(\uacf5\uc2e4\uc774 \uae38\uc5b4\uc9c4\ub2e4\uac70\ub098, \ud654\uc7ac \ub4f1\uc758 \uc0ac\uace0(\ubb3c\ub860 \ubcf4\ud5d8 \uac00\uc785\uc73c\ub85c hedge) \ub4f1 \uc0c1\ub300\uc801\uc73c\ub85c \uac1c\ubc1c\uc5d0 \ube44\ud574 \ub9ac\uc2a4\ud06c\uac00 \uac04\ub2e8\ud569\ub2c8\ub2e4)<\/p>\n\n\n\n

\u203b \uac00\uc7a5 \uc911\uc694\ud55c \uc0ac\uc2e4\uc740 \uc548\uc815\uc801\uc778 \uc784\ub300\uc218\uc775\ub960\uc774 \uc5b4\ub290\uc815\ub3c4 \uc2dc\uc7a5\uc5d0\uc11c \ud655\ubcf4\ub418\uc5b4 \uc788\ub2e4\ub294 \uc810\uc744 \uc54c\uace0 \uc788\uae30 \ub54c\ubb38\uc5d0 (\uc2dc\uc138\ud615\uc131), \ud22c\uc790\uc790\ub97c \ubaa8\uc73c\ub294 \ub370\uc5d0\ub3c4 \uc624\ud53c\uc2a4\uac00 \uad49\uc7a5\ud788 \uc720\ub9ac\ud558\ub2e4\ub294 \uc810\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n

\u203b \uc8fc\ub85c \uc790\uc0b0\uc6b4\uc6a9\uc0ac\uac00 \ud380\ub4dc\ub97c \ub9cc\ub4e4\uc5b4\uc11c \uc6b4\uc6a9\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n

<\/p>\n\n\n\n

\u203b \ucc38\uace0\uc790\ub8cc(\uc0ac\uc774\ud2b8)<\/h4>\n\n\n\n

[1] \uc820\uc2a4\ud0c0\uba54\uc774\ud2b8 Market Review(\ud074\ub9ad)<\/a><\/strong><\/p>\n\n\n\n

[2] \uc774\uc9c0\uc2a4 \uc790\uc0b0\uc6b4\uc6a9 \uc778\uc0ac\uc774\ud2b8(\ud074\ub9ad)<\/a><\/strong><\/p>\n\n\n\n

<\/p>\n\n\n\n

[2-2] \uac1c\ubc1c \ubd80\ub3d9\uc0b0 \ud22c\uc790<\/h3>\n\n\n\n
\"\ubd80\ub3d9\uc0b0
\uac1c\ubc1c \ubd80\ub3d9\uc0b0 \ud750\ub984 (\uc2e0\ud0c1\uc0c1\ud488 \uae30\uc900)<\/figcaption><\/figure>\n\n\n\n

\ubd80\ub3d9\uc0b0 \uac1c\ubc1c\uc740 \ud06c\uac8c \ud1a0\uc9c0\ub9e4\uc785 \u2192 \uc778\ud5c8\uac00 \u2192 \ucc29\uacf5 \u2192 \ubd84\uc591 \u2192 \uc900\uacf5 \ub2e8\uacc4<\/span><\/strong>\ub85c \uc9c4\ud589\ub418\uba70, \ud1a0\uc9c0 \ub9e4\uc785 \ub2e8\uacc4\uc5d0\uc11c\ub294 \ube0c\ub9bf\uc9c0\ub860(BridgeLoan)\uc774 \uae30\ud45c\ub418\uace0, \uc778\ud5c8\uac00\uac00 \uc644\ub8cc\ub41c \ub2e4\uc74c\uc5d0\ub294 \ucc29\uacf5 \uc804 \ubcf8PF\uac00 \uae30\ud45c\ub418\uba74\uc11c \ube0c\ub9bf\uc9c0\ub860\uc744 \ub300\ud658\ud558\uace0, \uadf8 \uc774\ud6c4 \uc0ac\uc5c5\ube44\ub97c \uc9d1\ud589\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n

\ubd84\uc591\uc744 \uac1c\uc2dc\ud55c \uc774\ud6c4\uc5d0\ub294, \ubd84\uc591\uc218\uc785\uae08\uc744 80% ~ 90% : 20% ~ 10% \ube44\uc728\ub85c \ub300\ucd9c\uae08\uc0c1\ud658\uacc4\uc88c, \uc0ac\uc5c5\ube44\uc6b4\uc601\uacc4\uc88c\ub85c \ubd84\ubc30\ud558\uc5ec \uc0ac\uc6a9\ud558\uac8c \ub429\ub2c8\ub2e4.<\/p>\n\n\n\n

\ubd80\ub3d9\uc0b0 \uac1c\ubc1c\uc5d0 \uc788\uc5b4\uc11c \ub300\uc8fc\ub2e8\uc758 \uac00\uc7a5 \ud070 Risk\ub294 \ud1a0\uc9c0\ube44\u318d\uc0ac\uc5c5\ube44\ub97c \ud22c\uc785\ud55c \uc774\ud6c4 \uac74\ucd95\ubb3c\uc774 \uc900\uacf5\ub418\uc9c0 \uc54a\ub294 \uac83\uc785\ub2c8\ub2e4 (\uac74\ubb3c\uc774 \uc644\uc131\ub418\uc9c0 \uc54a\uc73c\uba74 \ubd84\uc591\ub300\uae08\uc744 \uc628\uc804\ud788 \ubc1b\uc744 \uc218 \uc5c6\uace0, \ub300\ucd9c\uae08\uc758 \uc0c1\ud658(\ud68c\uc218)\ub3c4 \ubd88\uac00\ub2a5\ud558\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4)<\/p>\n\n\n\n

\uadf8\ub798\uc11c \uad6d\ub0b4\uc5d0\uc11c\ub294 \uac00\uc7a5 \ub9ce\uc774 \uc4f0\ub294 \uac83\uc774 \uc678\ubd80 \uc2e0\uc6a9\ubcf4\uac15(\uacf5\uc5ec)\ub97c \uc0ac\uc6a9\ud558\ub294 \uac83\uc778\ub370, 1\uc21c\uc704\uac00 \uc2dc\uacf5\uc0ac\uc774\uace0 2\uc21c\uc704\uac00 \uc2e0\ud0c1\uc0ac\uc785\ub2c8\ub2e4. (\ucc45\uc784\uc900\uacf5\uc758\ubb34 \ubd80\ub2f4)<\/strong><\/p>\n\n\n\n

\ucd5c\ucd08 \uae30\ud45c\uc77c\ubd80\ud130 \ucc45\uc784\uc900\uacf5\uae30\ud55c N\uac1c\uc6d4\uc744 \ubd80\uc5ec\ud558\uba74\uc11c \uc2dc\uacf5\uc0ac\uc5d0 1\ucc28\ub85c \uc900\uacf5\uc5d0 \ub300\ud55c \uc758\ubb34\ub97c \ubd80\ub2f4\ud558\uace0, \uc2dc\uacf5\uc0ac\uac00 \ubabb\ud560 \uacbd\uc6b0 \uc2e0\ud0c1\uc0ac\uac00 2\ucc28\ub85c \uc758\ubb34\ub97c \ubd80\ub2f4\ud558\ub294 \uc7a5\uce58\uc785\ub2c8\ub2e4.<\/strong><\/p>\n\n\n\n

<\/p>\n\n\n\n

[3] \ubd80\ub3d9\uc0b0 PF \uad6c\uc870<\/h2>\n\n\n\n

[3-1] \ubd80\ub3d9\uc0b0 \uae08\uc735 \uae30\ubcf8 \uad6c\uc870<\/h3>\n\n\n\n
\"\ubd80\ub3d9\uc0b0
\ubd80\ub3d9\uc0b0 pf \uac1c\ubc1c \uad6c\uc870\ub3c4<\/figcaption><\/figure>\n\n\n\n

\uc608\uc804\uc5d0 \uc2e0\uc785\uc0ac\uc6d0 \uad50\uc721\uc790\ub8cc\ub85c \uc0ac\uc6a9\ud55c \uad6c\uc870\ub3c4\uc778\ub370, \uc2e4\uc81c\ub85c\ub294 \uac01 \uc0ac\uc5c5\ub9c8\ub2e4 \uc6cc\ub099 \ud3b8\ucc28\uac00 \ud06c\uace0 \ubcf5\uc7a1\ud558\uac8c \uc5bd\ud788\uae30 \ub54c\ubb38\uc5d0 \uae30\ubcf8\uc801\uc778 \uac1c\ub150\uc744 \uc774\ud574\ud558\ub294 \ub370 \uc0ac\uc6a9\ud558\uc2dc\uae30 \ubc14\ub78d\ub2c8\ub2e4. (\uc704 \uad6c\uc870\ub3c4\ub3c4 \ud2c0\ub9b0 \ubd80\ubd84\uc774 \uc880 \uc788\ub294\ub370, \ud750\ub984\uc5d0 \ub300\ud55c \uc815\ubcf4\ub9cc \uc8fc\ub294 \ub370\uc5d0\ub294 \ubb38\uc81c\uac00 \uc5c6\uc5b4\uc11c \uadf8\ub0e5 \uc0ac\uc6a9\ud558\uaca0\uc2b5\ub2c8\ub2e4)<\/p>\n\n\n\n

\uc2dc\ud589\uc0ac\uac00 Equity\ub97c \ud22c\uc785\ud558\uace0, \ub300\ucd9c\uae30\uad00\uc5d0\uc11c \ube0c\ub9bf\uc9c0\ub860\uc744 \ud1b5\ud574 \ud1a0\uc9c0\ube44 \uc794\uae08\uc744 \ucc98\ub9ac\ud55c \ub2e4\uc74c, \ubcf8PF\ub97c \ud1b5\ud574 (\ucd94\uac00)\ub300\ucd9c\uae30\uad00\uc774 \ub4e4\uc5b4\uc640 \uac01\uc885 \uc0ac\uc5c5\ube44\uc640 \uacf5\uc0ac\ube44\ub97c \ucc98\ub9ac, \ubd84\uc591\ub300\uae08 \uc77c\ubd80\ub97c \ud568\uaed8 \uc0ac\uc6a9\ud558\uba74\uc11c \uac74\ucd95\ubb3c \uc900\uacf5\ud55c \ub2e4\uc74c \uc815\uc0b0\ud558\ub294 \uc21c\uc11c\ub85c \uc9c4\ud589\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n

<\/p>\n\n\n\n

[3-2] PF \uc790\uae08 \uc870\ub2ec \uad6c\uc870<\/h3>\n\n\n\n
\"\ubd80\ub3d9\uc0b0
\ubd80\ub3d9\uc0b0 pf \uac1c\ubc1c \uad6c\uc870\ub3c4<\/em><\/figcaption><\/figure>\n\n\n\n

\uc784\ub300\ucc28\ubcf4\uc99d\uae08\uc774 \ud3ec\ud568\ub41c \uc784\ub300\uc6b4\uc601\uc0ac\uc5c5\uc774 \ud3ec\ud568\ub41c \uac1c\ubc1c\uc5d0\uc11c \uac80\ud1a0\ud588\ub358 \uc790\uae08\uc870\ub2ec \uad6c\uc870 \uac74\uc785\ub2c8\ub2e4. \uae30\ubcf8 \u2192 \ud6c4\uc21c\uc704 \u2192 Equity \ucd94\uac00 \ubc29\uc2dd<\/span><\/strong>\uc73c\ub85c \uac80\ud1a0\ud588\uc5c8\ub294\ub370,<\/p>\n\n\n\n

\uac00\uc7a5 \ubcf5\uc7a1\ud55c \uad6c\uc870 \uc911 \ud558\ub098\ub77c\uc11c \uc2a4\ud130\ub514 \ud558\uc2dc\ub294 \ub370 \ub3c4\uc6c0\uc774 \ub420 \uac83 \uac19\uc544\uc11c \ucd94\uac00\ud574 \ubcf4\uc558\uc2b5\ub2c8\ub2e4. \ud6c4\uc21c\uc704 \uc790\uae08\uc744 \uacc4\uc18d \ucd94\uac00\ud558\uba74\uc11c Risk\ub97c \ubd84\ub2f4\ud574 \uac00\ub294 \uacfc\uc815\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n

\u203b \uc9c8\uc758\uc0ac\ud56d\uc740 \ub313\uae00 \ub0a8\uaca8\uc8fc\uc2dc\uba74 \ub2f5\ubcc0\ub4dc\ub9ac\uaca0\uc2b5\ub2c8\ub2e4.<\/strong><\/p>\n\n\n\n

<\/p>\n\n\n\n

[3-3] \ubd80\ub3d9\uc0b0 PF \uc7ac\ubb34\ubaa8\ub378\ub9c1 \ud750\ub984\ub3c4<\/h3>\n\n\n\n
\"\"
\ubd80\ub3d9\uc0b0 \uac1c\ubc1c \uc7ac\ubb34 \ud750\ub984<\/figcaption><\/figure>\n\n\n\n

\ubd80\ub3d9\uc0b0 \uac1c\ubc1c\uc740 Equity, Loan\uc744 \ud1b5\ud574 \uc0ac\uc5c5\ube44\ub97c \uc870\ub2ec\ud55c \ub2e4\uc74c \uac74\ucd95\ubb3c\uc744 \uc644\uc131\uc9d3\uace0 \ubd84\uc591\ud558\uc5ec \uccad\uc0b0\ud558\ub294\ub370,<\/p>\n\n\n\n

\uadf8 \uacfc\uc815\uc5d0\uc11c \ubd80\ub3d9\uc0b0 \uac1c\ubc1c \uc2e4\ubb34\uc790\ub294
Cash-Flow\uc5d0 \ub07c\uce58\ub294 \uc601\ud5a5, \uadf8\ub9ac\uace0 \uc7ac\ubb34\uc81c\ud45c\uc5d0 \uc5b4\ub5bb\uac8c \ubc18\uc601\ub418\ub294\uc9c0 \ub4f1\uc744 \uc815\ud655\ud788 \uc774\ud574\ud558\uace0 \uc0ac\uc5c5\uc218\uc9c0\ud45c\ub97c \ubd84\uc11d\ud574\uc57c \ud569\ub2c8\ub2e4.
\uadf8\ub798\uc11c \uc7ac\ubb34\ud68c\uacc4\uc640 \uc138\ubb34\ud68c\uacc4, \uc6d0\uac00\ud68c\uacc4, \uac74\ucd95\ubc95\uacfc \uac01\uc885 \ud22c\uc790\uc640 \uad00\ub828\ub41c \ubc95 \ub4f1\uc5d0 \ub300\ud574\uc11c \uc2a4\ud130\ub514\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n

\uadf8\uc800 \uc5d1\uc140\ub85c \uc22b\uc790\ub97c \ub450\ub4e4\uae30\ub294 \uac8c \uc911\uc694\ud55c \uac83\uc774 \uc544\ub2c8\ub77c, \ud574\ub2f9 \uc0ac\uc5c5\uc758 \uc7ac\ubb34\uc81c\ud45c\ub294 \uc5b4\ub5bb\uac8c \uafb8\ub824\uc9c0\ub294\uc9c0, \uc5b4\ub5bb\uac8c \uc190\uc775\uc744 \ub192\uc77c \uc218 \uc788\ub294\uc9c0 (IRR \ub4f1\uc758 \uc7ac\ubb34\uc9c0\ud45c) \uace0\ubbfc\ud558\uace0 \uac01\uc885 \uc778\ud5c8\uac00 \uc808\ucc28 \ub4f1 \uac1c\ubc1c\uc5d0 \uad00\ub828\ub41c \ub0b4\uc6a9\ub3c4 \uc54c\uace0 \uc0ac\uc5c5\uae30\uac04\uc744 \uc904\uc77c \uc218 \uc788\ub3c4\ub85d\ub178\ub825\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n

\uc774\ub7f0 \ub0b4\uc6a9 \ub54c\ubb38\uc5d0 \uac1c\ubc1c \uc778\ub825\uc744 \uc81c\ub300\ub85c \ud0a4\uc6b0\ub294 \ub370 \uc2dc\uac04\uc774 \ub9ce\uc774 \uac78\ub9ac\ub294 \uac8c \ud604\uc2e4\uc785\ub2c8\ub2e4. \uadf8\ub9cc\ud07c \ubd80\ub3d9\uc0b0 \uac1c\ubc1c \uc778\ub825\uc740 \uacbd\ub825\uc774 \uc313\uc77c\uc218\ub85d \uace0\uae09\uc778\uc7ac\ub85c \ucde8\uae09\ubc1b\uace0, PF\uc5d0 \ub300\ud574\uc11c \uc804\ubb38\uac00\ub85c \uc131\uc7a5\ud558\ub294 \ub370<\/p>\n\n\n\n

\ubd80\ub3d9\uc0b0 \ud22c\uc790\uc790\ub85c\uc11c \uc0ac\uc5c5\uc5d0 \ud568\uaed8 \ud560 \ub54c\uc5d0\ub294 \ud574\ub2f9 \uc778\ub825\uc774 \uc804\ubb38\uc131\uc744 \uc5bc\ub9c8\ub098 \uac16\uace0 \uc788\ub294\uc9c0\uc640 \ub354\ubd88\uc5b4 \ud22c\uc790\uc790\ub3c4 \ubd80\ub3d9\uc0b0 \uac1c\ubc1c \ud750\ub984\uc5d0 \ub300\ud574 \uc798 \uc54c\uace0 \uc788\uc5b4\uc57c \ud22c\uc790\uc218\uc775\uc744 \uc798 \ub0bc \uc218 \uc788\uc744 \uac83 \uac19\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n

<\/p>\n\n\n\n

\ud568\uaed8 \ubcf4\uba74 \uc88b\uc740 \uae00(\ub9c1\ud06c)<\/h2>\n\n\n\n

\ubd80\ub3d9\uc0b0 \uc2e0\ud0c1\uc0ac \uc5c5\ubb34 [1] \ucc45\uc900\uad00\ud1a0(\ud074\ub9ad)<\/a><\/strong><\/p>\n\n\n\n

\ubd80\ub3d9\uc0b0 \uc2e0\ud0c1\uc0ac \uc5c5\ubb34 [2] \ub2f4\ubcf4\uc2e0\ud0c1(\ud074\ub9ad)<\/strong> <\/a><\/p>\n\n\n\n

\ubd80\ub3d9\uc0b0 \uc2e0\ud0c1\uc0ac \uc5c5\ubb34 [3] \ucc98\ubd84\uc2e0\ud0c1(\ud074\ub9ad)<\/a><\/strong><\/p>\n\n\n\n

\ubd80\ub3d9\uc0b0 \uc2e0\ud0c1\uc0ac \uc5c5\ubb34 [4] \uc815\ube44\uc0ac\uc5c5(\ud074\ub9ad)<\/a><\/strong><\/p>\n\n\n\n

\ubd80\ub3d9\uc0b0 \uc2e0\ud0c1\uc0ac \uc5c5\ubb34 [5] \ucc28\uc785\ud615\ud1a0\uc9c0\uc2e0\ud0c1(\ud074\ub9ad)<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Hits: 13061 \uc5f0\uc7ac \uc608\uc815 \ubaa9\ucc28\ubd80\ub3d9\uc0b0 PF #1 \uac1c\uc694\ubd80\ub3d9\uc0b0 PF #2 \ube0c\ub9bf\uc9c0\ub860\ubd80\ub3d9\uc0b0 PF #3 IM \uc124\uba85 (\uc2e4\ubb3c)\ubd80\ub3d9\uc0b0 PF #4 IM \uc124\uba85 (\uac1c\ubc1c)\ubd80\ub3d9\uc0b0 PF #5 \ucc45\uc900\uad00\ud1a0 \uc124\uba85 (\uac1c\ubc1c)\ubd80\ub3d9\uc0b0 PF #6 \ubbfc\uac10\ub3c4 \ubd84\uc11d\ubd80\ub3d9\uc0b0 PF #7 \uac1c\ubc1c\uc0ac\uc5c5 \ubaa8\ub378\ub9c1 \ubc29\ubc95(\uc774\ud558 \ucd94\ud6c4 \uacf5\uc9c0) [1] \ubd80\ub3d9\uc0b0 PF \uac1c\uc694 \ubd80\ub3d9\uc0b0 \uac1c\ubc1c(\uae08\uc735) \uc0ac\uc5c5\uc740 \ubd80\ub3d9\uc0b0 PF(Project Financing)\ub97c \ud1b5\ud574\uc11c \uc790\uae08\uc744 \uc870\ub2ec\ud558\uac8c \ub429\ub2c8\ub2e4. \uc77c\ubc18 \uae30\uc5c5\uc774 \ub300\ucd9c\uc744 \ud1b5\ud574 … [\ubd80\ub3d9\uc0b0 \uae08\uc735] \ubd80\ub3d9\uc0b0 pf #1 \uac1c\uc694<\/span> \ub354\ubcf4\uae30 →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[203,87,148,132,205,93],"tags":[262,261,107,245],"_links":{"self":[{"href":"https:\/\/minjae9037.synology.me\/wordpress\/wp-json\/wp\/v2\/posts\/2250"}],"collection":[{"href":"https:\/\/minjae9037.synology.me\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/minjae9037.synology.me\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/minjae9037.synology.me\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/minjae9037.synology.me\/wordpress\/wp-json\/wp\/v2\/comments?post=2250"}],"version-history":[{"count":3,"href":"https:\/\/minjae9037.synology.me\/wordpress\/wp-json\/wp\/v2\/posts\/2250\/revisions"}],"predecessor-version":[{"id":2290,"href":"https:\/\/minjae9037.synology.me\/wordpress\/wp-json\/wp\/v2\/posts\/2250\/revisions\/2290"}],"wp:attachment":[{"href":"https:\/\/minjae9037.synology.me\/wordpress\/wp-json\/wp\/v2\/media?parent=2250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/minjae9037.synology.me\/wordpress\/wp-json\/wp\/v2\/categories?post=2250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/minjae9037.synology.me\/wordpress\/wp-json\/wp\/v2\/tags?post=2250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}