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Consider the recent default of Lebanon on its international debt. What would the bondholders get? a. The bondholder would receive some of the state assets,
Consider the recent default of Lebanon on its international debt. What would the bondholders get?
a. The bondholder would receive some of the state assets, including land, as a compensation
b. 25% of the face value + a new restructured bond
c. Nothing, the government default wiped out all value of their bonds
d. It would be decided through negotiation between government and bondholders
e. 40% of the face value
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