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    Corporate Finance Study Set 11
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    Exam 16: Capital Structure: Limits to the Use of Debt
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    Indirect Costs of Bankruptcy Are Born Principally By
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Indirect Costs of Bankruptcy Are Born Principally By

Question 32

Question 32

Multiple Choice

Indirect costs of bankruptcy are born principally by:


A) bondholders.
B) shareholders.
C) managers.
D) the federal government.
E) the firm's suppliers.

Correct Answer:

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