Abstract
Frequently, the shadow of financial insolvency is present in economies, whether between countries, companies or the general population (people) who contract the obligation of a loan, credit or other debt. Debt restructuring is one of the most effective financial tools to face this. Through mathematical modeling with algorithms designed for the inclusion of the variable transaction cost coefficient (TCC) and transaction cost amount (TCA), it was possible to demonstrate the feasibility to modify: VOD to VODadjusted and Y1...j = VOD / VNSP to Y”1...j = VODadjusted / VNSP .
License
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Article Type: Research Article
INT ELECT J MATH ED, Volume 14, Issue 1, January 2019, 123-136
https://doi.org/10.12973/iejme/3981
Publication date: 21 Dec 2018
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