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 |
|---|---|
| Main Author: | Cohen, Daniel |
| Corporate Authors: | Banco Mundial |
| Format: | Book |
| Published: |
Washington, D.C.
World Bank
1991
|
| Series: |
Policy, research, and external affairs working papers
no. WPS 763 |
| Subjects: |