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I need help with questions 11-12 Question 11 1 pts (TRUE or FALSE?) If a firm fails to make debt payments as promised, it defaults

I need help with questions 11-12
Question 11 1 pts (TRUE or FALSE?) If a firm fails to make debt payments as promised, it defaults on its debt obligation and could be forced into bankruptcy. True False Question 12 1 pts (TRUE or FALSE?) Agency costs are the costs incurred because of conflicts of interest between a principal and an agent. O True O False

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