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nisha nisha
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A month ago
Financial distress has an impact on the value of the firm by increasing

▸ the probability that it may occur.

▸ its instability.

▸ the level of risk aversion of the investors toward the debt of the firm.

▸ all of the above
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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IgnesiasIgnesias
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A month ago
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