How Long to Read The Problem that Wasn't

How Long Does it Take to Read The Problem that Wasn't?

It takes the average reader and 30 minutes to read The Problem that Wasn't by Ran Bi

Assuming a reading speed of 250 words per minute. Learn more

Description

Contrary to widespread expectation, debt renegotiations in the era of bond finance have generally been quick and involved little litigation. We present a model that rationalizes the initial fears and offers interpretations for why they did not materialize. When the exchange offer is sufficiently attractive vis-à-vis holding out, full participation can be an equilibrium. Legal innovations such as minimum participation thresholds and defensive exit consents helped coordinate creditors and avoid litigation. Unlike CACs, exit consents can be exploited to force high haircuts on creditors, but the ability of creditors to coordinate to block exit consents can limit overly aggressive use.

How long is The Problem that Wasn't?

The Problem that Wasn't by Ran Bi is 29 pages long, and a total of 7,511 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read The Problem that Wasn't Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 41 minutes to read The Problem that Wasn't aloud.

What Reading Level is The Problem that Wasn't?

The Problem that Wasn't is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Problem that Wasn't?

The Problem that Wasn't by Ran Bi is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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