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    Corporate Finance Study Set 12
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    Exam 17: 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 20

Question 20

Multiple Choice

Indirect costs of bankruptcy are born principally by:


A) bondholders.
B) stockholders.
C) managers.
D) the Federal government.
E) the firm's suppliers.

Correct Answer:

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