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Which of the following companies is most likely to have the highest bankruptcy cost, taking into account both direct and indirect costs? A company with

Which of the following companies is most likely to have the highest bankruptcy cost, taking into account both direct and indirect costs?

A company with higher agency costs but a small proportion of intangible assets.

A company with higher agency costs and a large proportion of intangible assets.

A company with lower agency costs and a small proportion of intangible assets.

A company with lower agency costs but a large proportion of intangible assets.

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