29. Costs of Financial Distress. For which of the following firms would you expect the costs of...

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29. Costs of Financial Distress. For which of the following firms would you expect the costs of financial distress to be highest? Explain briefly. (LO3)

a. A computer software company that depends on skilled programmers to produce new products.

b. A shipping company that operates a fleet of modern oil tankers.

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