12. Financial distress (S17-2) True or false? a. If the probability of default is high, managers and

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12. Financial distress (S17-2) True or false?

a. If the probability of default is high, managers and stockholders will be tempted to take on excessively risky projects.

Chapter 17 How Much Should a Corporation Borrow? 515

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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Question Posted: Jul 31, 2024 08:02 AM

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12. Financial distress (S17-2) True or false? a. If the probability of default is high, managers and

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Principles Of Corporate Finance

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