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    Principles of Corporate Finance Study Set 3
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    Exam 32: Corporate Restructuring
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    Indirect Costs of Bankruptcy Are Borne Principally by
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Indirect Costs of Bankruptcy Are Borne Principally by

Question 43

Question 43

Multiple Choice

Indirect costs of bankruptcy are borne principally by


A) bondholders.
B) stockholders.
C) managers.
D) the government.

Correct Answer:

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