Explain the following relation: p = f (IR, INVR) +, + or - p = Probability of

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Explain the following relation:
p = f (IR, INVR)
+, + or -
p = Probability of rescheduling
IR = Total imports/Total foreign exchange reserves
INVR = Real investment/GNP
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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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