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One of the indirect costs of bankruptcy is the incentive toward underinvestment. Underinvestment generally would result in: Group of answer choices the firm not accepting
One of the indirect costs of bankruptcy is the incentive toward underinvestment. Underinvestment generally would result in: Group of answer choices the firm not accepting projects with a positive NPV.. bondholders contributing the full amount of any new investment, but both stockholders and bondholders sharing in the benefits of those investments. None of these is correct the firm selecting all projects with positive NPVs.
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