Which of the following typically has the highest breakage costs upon a change-of-control in a contemplated sale transaction?
A) High yield bonds
B) Bank debt
C) Common equity
D) Inventory
Answer: A
Which of the following typically has the highest breakage costs upon a change-of-control in a contemplated sale transaction?
A) High yield bonds
B) Bank debt
C) Common equity
D) Inventory
Answer: A