Describe some types of financial distress costs

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Reference no: EM131279122

1. Should we accept one of the models presented thus far as being correct? Why or why not?

2. In your view, which of the assumptions used in the models is most likely to cause the models to be invalid?

3. Describe some types of financial distress costs.

4. How are financial distress costs related to the use of financial leverage?

Reference no: EM131279122

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