15. A consultant is calculating the present value of bankruptcy costs of a company and finds that the agency costs of outside equity is $1000 while the agency cost of outside debt is $2,000,000. The costs of bankruptcy are also $2,000,000. What type of firm does most likely describe?

a.	a firm with too little leverage
b.	a firm with too much leverage
c.	a firm with too much equity
d.	a firm that should disregard its agency costs