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Indirect bankruptcy costs Multiple Choice include the costs incurred by a firm as it tries to avoid seeking bankruptcy protection. serve as an incentive to
Indirect bankruptcy costs Multiple Choice include the costs incurred by a firm as it tries to avoid seeking bankruptcy protection. serve as an incentive to increase the financial leverage of a firm. include the legal and accounting fees incurred during the bankruptcy process. tend to increase as the debt-equity ratio decreases. effectively limit the amount of equity a firm issues
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