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Lenders May Find It Costly to Reschedule Non-Accruing Sovereign Country

Question 62

Multiple Choice

Lenders may find it costly to reschedule non-accruing sovereign country debt because


A) it is politically embarrassing.
B) of tax reasons.
C) they might be subject to greater regulatory attention.
D) it is detrimental to maintaining good customer relations.
E) bankruptcy costs are high.

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