Business, 30.07.2020 08:01, kingdevin16
What are some of the possible consequences of financial distress? I) Bondholders, who face the prospect of getting only part of their money back, will likely want the company to take additional risks. II) Equity investors would like the company to cut its dividend payments to conserve cash. III) Equity investors would like the firm to shift toward riskier lines of business.
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What are some of the possible consequences of financial distress? I) Bondholders, who face the prosp...
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