But that option is worth less when bondholders must take a back seat to the World Bank and the International Monetary Fund and as Brazil showed in the 11 years it was in default until 1994, it can take years to get even a fraction of your money back.
The effect is that medical costs rise in the double digits every year and your grocery bill grows, but your home would be worth less if you could sell it at all.
Investors, therefore, seem not only to expect no returns from the firm's fashion-peddling business, but also to believe that its shares are worth less than the cash in its vault.
Clearly the offering was less attractive, but was it still worth buying?
Raikkonen was second fastest to Button, a mere two-hundredths of a second slower with around 0.1s-worth less fuel - definitely slower, but by a margin that would be overcome by a slight missed apex or momentary locked brake, in other words.
Is it worth paying more than for a less selective but more affordable school?
Could be that someone else wants to go much more and that a mutually agreeable bargain can be struck: this is known as selling the ticket to someone for less than they think it is worth but more than you do.
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But you have to buy a basket of them because--I wrote this for individuals--if you think of value investing or investing in general as figuring out what something's worth and paying a lot less for it, but if you have no idea how to value something, then you really can't do that.
It may be costly but it will be worth the investment because you will end up buying less in the long run.
When the bubble burst, their shares were quickly worth less (or, in some cases worthless), but they still owed the tax on gains they never realized.
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The suits are based not on actual damages, but on the claim that owners are entitled to money because their cars are worth less than they paid for them.
But if the result is a friendlier, less hostile IRS, it might be worth it.
The greens now feature border-to-border grass, but otherwise I can't think of anything in Fort Worth that's changed less than Z Boaz.
But it's also worth keeping in mind that big drug companies tend to be less eager to disclose their data than small ones.
Someone who lost their job some years ago but is now gainfully employed again may be able to resume making payments, but why would they when their credit is already trashed, and the house is worth less than their mortgage?
But even that brings problems: graduates who never went abroad to study resent the implication that their degree is worth less.
But if you run the whole process, from mine onwards, then that makes your bauxite end of the process worth less.
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Washington University's Olin School, in contrast, has a less-impressive graduating salary to report but does a terrific job of giving students their money's worth.
But these have not worked well, mainly because reducing payments does little to prevent default when houses are worth a lot less than the outstanding debt.
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