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wrote...
Posts: 188
A month ago
One of the factors that determines the present value (PV) of financial distress costs is

▸ loss of dividend payments.

▸ employee compensation.

▸ costs of unpaid interest arrears.

▸ probability of financial distress.
Textbook 
Fundamentals of Corporate Finance
Edition: 2nd
Authors:
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wrote...
Posts: 208
A month ago
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probability of financial distress.
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