Firms in industries such as real estate tend to have ________ distress costs because of a large proportion of tangible assets.

Name: Firms in industries such as real estate tend to have ________ distress costs because of a large proportion of tangible assets.
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Firms in industries like real estate typically have lower distress costs due to the high proportion of tangible assets, which can be more easily valued and sold to satisfy claims in the event of financial distress.

Firms in Industries Such as Real Estate Tend to Have