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Slide 1 1 Chapter 17 Limits to the Use of Debt Topics: 17.1 Costs of Financial Distress 17.2 Agency costs of debt 17.4 Integration of Tax Effects and Financial Distress Costs…
Slide 1 Chapter 16: Limits to the Use of Debt 16.1 Costs of Financial Distress 16.2 Description of Costs 16.3 Can Costs of Debt Be Reduced? 16.4 Integration of Tax Effects…
Capital Structure II: Limits to the Use of Debt Costs of Financial Distress Bankruptcy risk versus bankruptcy cost. The possibility of bankruptcy has a negative effect on…