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Which of the following would be considered an indirect bankruptcy cost?

a) The cost the firm must pay to the court when filing its bankruptcy petition.

b) The fee the firm pays its lawyer to draw up the bankruptcy petition.

c) The cost to the firm of projects in-progress terminated in order to preserve cash.

d) The cost of the appraisals a firm must obtain on its assets by order of the bankruptcy court.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91614156

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