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  3. 23 1 point the possibility of bankruptcy will do a

23 1 point The possibility of bankruptcy will do all of the following except: reduce...

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Accounting

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23 1 point The possibility of bankruptcy will do all of the following except: reduce the possible payoff to stockholders. : reduce the current market value of the firm. reduoe the interest rate on debt. increase financial distress costs. 22 1 point Assume a bond is currently selling at par value. What will happen in the future if the yield on the bond is lower than the coupon rate? The par value of the bond will decrease The coupon rate of the bond will increase. The price of the bond will increase. The coupon payments will be adjusted to the new discount rate

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