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    The Costs of Avoiding a Bankruptcy Filing by a Financially
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The Costs of Avoiding a Bankruptcy Filing by a Financially

Question 21

Question 21

Multiple Choice

The costs of avoiding a bankruptcy filing by a financially distressed firm are classified as ________ costs.


A) indirect bankruptcy
B) direct bankruptcy
C) financial solvency
D) capital structure
E) flotation

Correct Answer:

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