Quiz Ch 16 – Avoiding Positive NPV Projects in Financial Distress

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Why might firms in financial distress decline positive Net Present Value (NPV) projects instead of raising new equity?

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  • Search Terms: a) are associated available because: benefits bondholders. c) cash commit debt. b) distress dividends. d) equity equity. facing finance financial firms for interest is may new no npv pass positive prefer projects rather shared shield tax than the there they to up with
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