What are direct costs of financial distress?
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Q80: The following equation: Q81: To reduce agency costs, issuing debt instead Q82: The probability of financial distress depends on Q83: Equity-debt holder conflicts are more likely to Q84: The presence of a large amount of Q86: What are the issues in determining the Q87: What are the issues in determining the Q88: The presence of financial distress costs can Q89: Differences in the magnitude of financial distress Q90: Firms in industries such as real estate
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