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Memphic Memphic
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6 years ago
If in the event of distress, the present value of distress costs is equal to $10 million, then the optimal level of debt for d'Anconia Copper is:
A) $25 million
B) $50 million
C) $60 million
D) $70 million
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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anicidanicid
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