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Problem 16-36 Costs of Financial Distress (LO3) Suppose that Double-R's bonds have a face value of $60. Its current market-value balance sheet is as follows:

Problem 16-36 Costs of Financial Distress (LO3) Suppose that Double-R's bonds have a face value of $60. Its current market-value balance sheet is as follows: Assets Liabilities and Equity Net working ...

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