15-31 By rescheduling its debt,a borrower raises the present value of its future payments in hard currencies.

Name: 15-31 By rescheduling its debt,a borrower raises the present value of its future payments in hard currencies.
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Rescheduling debt typically reduces the present value of future payments by extending the payment period or reducing interest rates, making it easier for the borrower to manage their obligations.

15-31 by Rescheduling Its Debt,a Borrower Raises the Present Value