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Which of the following is NOT a potential result from financial distress? a.Suppliers refuse to extend trade credit to the firm. b.Key employees leave the
- Which of the following is NOT a potential result from financial distress?
- a.Suppliers refuse to extend trade credit to the firm.
- b.Key employees leave the firm, fearing the firm won't last.
- c.The firm has difficulty issuing additional bonds.
- d.Due to interest tax shields, the firm's effective tax rate is very low.
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