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Which of the Following Are Reasons Why Debt Rescheduling Is

Question 19

Multiple Choice

Which of the following are reasons why debt rescheduling is more likely than debt repudiation?


A) There are fewer FIs in any international lending syndicate compared to the number of bondholders.
B) Many international loan syndicates comprise the same groups of FIs, increasing the probability of consensus in case of rescheduling.
C) There are more FIs in any international lending syndicate compared to the number of bondholders.
D) There are fewer FIs in any international lending syndicate compared to the number of bondholders and many international loan syndicates comprise the same groups of FIs, increasing the probability of consensus in case of rescheduling only.

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