One of the indirect costs to bankruptcy is the incentive toward underinvestment. Following this strategy may result in:

A$.$ the firm always choosing projects with the positive NPVs$.$

B$.$ the firm turning down positive NPV projects that it would clearly accept in an all equity firm.

C$.$ stockholders contributing the full amount of the investment, but both stockholders and bondholders sharing in the benefits of the project.

D$.$ Both A and C$.$

E$.$ Both B and C$.$