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Which of the following is not a typical indirect financial distress cost of a company? A. An increased 1% interest rate risk premium added to a new loan by company's bankers. B. Loss of the sales director and the marketing director to a rival company. C. Legal fees of $100,000 incurred in connection with a renegotiation of debt. D. Sale of a warehouse for 75% of its book value in order to generate cash to pay suppliers. |