The valuation of a distressed debt security requires significant judgment, not least because the traditional approaches to valuation are invariably undermined by the absence of reliable financial forecasts. In this context, valuation may be affected to a material extent by other, extraneous factors which, in some cases can often have an as much of a bearing on value as the valuation methodology.
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Accounting & Finance, Debt / Fixed Income, Hedge Funds, Private Equity / Venture Capital, Research, Accounting & Finance Inhouse, Debt / Fixed Income Inhouse, Hedge Funds Inhouse
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