A valuation formula for LDC debt
A large gap may lie between the amount of debt relief that is nominally granted to a debtor and that which is actually given up by the creditors. To help put that gap in perspective, the author proposes a valuation formula that provides: (i) the price at which a buy-back of the debt, on the secondar...
Found in: |
Cs. Económicas |
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Main Author: | Cohen, Daniel |
Corporate Authors: | Banco Mundial |
Format: | Book |
Published: |
Washington, D.C.
World Bank
1991
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Series: |
Policy, research, and external affairs working papers
no. WPS 763 |
Subjects: |