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    Essentials of Corporate Finance Study Set 3
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    Exam 13: Leverage and Capital Structure
  5. Question
    The Legal and Administrative Costs of Bankruptcy Are Called _____
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The Legal and Administrative Costs of Bankruptcy Are Called _____

Question 8

Question 8

Multiple Choice

The legal and administrative costs of bankruptcy are called _____ bankruptcy costs.


A) static
B) sunk
C) direct
D) indirect
E) overhead

Correct Answer:

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