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The costs of financial distress can be defined as: O The mix of securities that a business uses to finance its core operations O A
The costs of "financial distress" can be defined as: O The mix of securities that a business uses to finance its core operations O A principle of market equilibrium stating that two identical assets must have the same price/cost. O The direct and indirect costs that arise when a business is unable to meet its financial obligations. O The expected returns required by sources of debt capital. O An ownership interest in a company, which is a residual claim in the company's assets after all debts have been satisfied
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