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Unknown  |  2001-12-19  |  110.4 KB

open in: MacOS 8.1     |     Win98     |     DOS

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ConfidenceProgramDetectionMatch TypeSupport
100% file data default
100% TrID PrintFox/Pagefox bitmap (320x200) default (weak)
100% gt2 Kopftext: 'BRGEXM0500v0002ROSS Chapter 17' default (weak)



hex view
+--------+-------------------------+-------------------------+--------+--------+
|00000000| 42 52 47 45 58 4d 30 35 | 30 30 76 30 30 30 32 52 |BRGEXM05|00v0002R|
|00000010| 4f 53 53 20 20 20 20 43 | 68 61 70 74 65 72 20 31 |OSS C|hapter 1|
|00000020| 37 3a 20 46 69 6e 61 6e | 63 69 61 6c 20 4c 65 76 |7: Finan|cial Lev|
|00000030| 65 72 61 67 65 20 61 6e | 64 2e 2e 2e 20 20 20 00 |erage an|d... .|
|00000040| 00 00 00 64 00 00 00 00 | 00 00 00 64 00 72 27 00 |...d....|...d.r'.|
|00000050| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 be 00 00 |........|........|
|00000060| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000070| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000080| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000090| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000000a0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000000b0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 18 14 00 |........|........|
|000000c0| 00 31 01 00 49 6e 20 6f | 72 64 65 72 20 74 6f 20 |.1..In o|rder to |
|000000d0| 61 76 6f 69 64 20 62 61 | 6e 6b 72 75 70 74 63 79 |avoid ba|nkruptcy|
|000000e0| 2c 2e 2e 2e 20 20 20 20 | 20 20 20 20 01 00 69 00 |,... | ..i.|
|000000f0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000100| 00 00 00 00 00 00 00 00 | 01 00 00 00 00 00 00 00 |........|........|
|00000110| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000120| 00 00 00 00 31 02 00 54 | 68 65 20 66 61 73 74 65 |....1..T|he faste|
|00000130| 73 74 20 66 6f 72 6d 20 | 6f 66 20 62 61 6e 6b 72 |st form |of bankr|
|00000140| 75 70 74 63 79 20 69 73 | 2e 2e 2e 20 20 20 20 01 |uptcy is|... .|
|00000150| 00 69 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |.i......|........|
|00000160| 00 00 00 00 00 00 00 00 | 00 00 00 01 00 00 00 00 |........|........|
|00000170| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
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|00000190| 20 74 68 61 74 20 77 69 | 73 68 65 73 20 74 6f 20 | that wi|shes to |
|000001a0| 70 72 6f 63 65 65 64 20 | 77 69 74 68 20 61 2e 2e |proceed |with a..|
|000001b0| 2e 20 01 00 69 00 00 00 | 00 00 00 00 00 00 00 00 |. ..i...|........|
|000001c0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 01 00 |........|........|
|000001d0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000001e0| 00 00 00 00 00 00 00 00 | 00 00 31 04 00 49 66 20 |........|..1..If |
|000001f0| 74 68 65 20 73 74 61 74 | 69 63 20 74 68 65 6f 72 |the stat|ic theor|
|00000200| 79 20 6f 66 20 63 61 70 | 69 74 61 6c 2e 2e 2e 20 |y of cap|ital... |
|00000210| 20 20 20 20 20 01 00 69 | 00 00 00 00 00 00 00 00 | ..i|........|
|00000220| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000230| 00 01 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000240| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 31 05 00 |........|.....1..|
|00000250| 41 63 63 6f 72 64 69 6e | 67 20 74 6f 20 74 68 65 |Accordin|g to the|
|00000260| 20 73 74 61 74 69 63 20 | 74 68 65 6f 72 79 20 6f | static |theory o|
|00000270| 66 2e 2e 2e 20 20 20 20 | 01 00 69 00 00 00 00 00 |f... |..i.....|
|00000280| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000290| 00 00 00 00 01 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000002a0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000002b0| 31 06 00 57 68 65 6e 20 | 61 20 66 69 72 6d 20 66 |1..When |a firm f|
|000002c0| 69 6c 65 73 20 66 6f 72 | 20 62 61 6e 6b 72 75 70 |iles for| bankrup|
|000002d0| 74 63 79 2c 20 74 68 65 | 2e 2e 2e 01 00 69 00 00 |tcy, the|.....i..|
|000002e0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000002f0| 00 00 00 00 00 00 00 01 | 00 00 00 00 00 00 00 00 |........|........|
|00000300| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000310| 00 00 00 31 07 00 49 74 | 20 68 61 73 20 62 65 65 |...1..It| has bee|
|00000320| 6e 20 6f 62 73 65 72 76 | 65 64 20 74 68 61 74 2c |n observ|ed that,|
|00000330| 20 77 68 65 6e 20 66 69 | 72 6d 73 2e 2e 2e 01 00 | when fi|rms.....|
|00000340| 69 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |i.......|........|
|00000350| 00 00 00 00 00 00 00 00 | 00 00 01 00 00 00 00 00 |........|........|
|00000360| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000370| 00 00 00 00 00 00 31 08 | 00 49 6e 64 69 72 65 63 |......1.|.Indirec|
|00000380| 74 20 62 61 6e 6b 72 75 | 70 74 63 79 20 63 6f 73 |t bankru|ptcy cos|
|00000390| 74 73 20 69 6e 63 6c 75 | 64 65 20 74 68 65 2e 2e |ts inclu|de the..|
|000003a0| 2e 01 00 69 00 00 00 00 | 00 00 00 00 00 00 00 00 |...i....|........|
|000003b0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 01 00 00 |........|........|
|000003c0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000003d0| 00 00 00 00 00 00 00 00 | 00 31 09 00 44 69 72 65 |........|.1..Dire|
|000003e0| 63 74 20 62 61 6e 6b 72 | 75 70 74 63 79 20 63 6f |ct bankr|uptcy co|
|000003f0| 73 74 73 20 61 72 65 20 | 74 68 6f 73 65 2e 2e 2e |sts are |those...|
|00000400| 20 20 20 20 01 00 69 00 | 00 00 00 00 00 00 00 00 | ..i.|........|
|00000410| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000420| 01 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000430| 00 00 00 00 00 00 00 00 | 00 00 00 00 31 0a 00 46 |........|....1..F|
|00000440| 6f 72 20 61 20 6c 65 76 | 65 72 65 64 20 66 69 72 |or a lev|ered fir|
|00000450| 6d 2c 20 74 68 65 20 63 | 6f 73 74 20 6f 66 2e 2e |m, the c|ost of..|
|00000460| 2e 20 20 20 20 20 20 01 | 00 69 00 00 00 00 00 00 |. .|.i......|
|00000470| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000480| 00 00 00 01 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000490| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 31 |........|.......1|
|000004a0| 0b 00 49 67 6e 6f 72 69 | 6e 67 20 66 69 6e 61 6e |..Ignori|ng finan|
|000004b0| 63 69 61 6c 20 64 69 73 | 74 72 65 73 73 20 63 6f |cial dis|tress co|
|000004c0| 73 74 73 2c 2e 2e 2e 20 | 20 20 01 00 69 00 00 00 |sts,... | ..i...|
|000004d0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000004e0| 00 00 00 00 00 00 01 00 | 00 00 00 00 00 00 00 00 |........|........|
|000004f0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000500| 00 00 31 0c 00 42 75 73 | 69 6e 65 73 73 20 72 69 |..1..Bus|iness ri|
|00000510| 73 6b 20 69 73 20 61 20 | 70 6f 73 69 74 69 76 65 |sk is a |positive|
|00000520| 20 66 75 6e 63 74 69 6f | 6e 2e 2e 2e 20 01 00 69 | functio|n... ..i|
|00000530| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000540| 00 00 00 00 00 00 00 00 | 00 01 00 00 00 00 00 00 |........|........|
|00000550| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000560| 00 00 00 00 00 31 0d 00 | 42 75 73 69 6e 65 73 73 |.....1..|Business|
|00000570| 20 72 69 73 6b 20 64 65 | 63 6c 69 6e 65 73 20 61 | risk de|clines a|
|00000580| 73 20 74 68 65 2e 2e 2e | 20 20 20 20 20 20 20 20 |s the...| |
|00000590| 01 00 69 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |..i.....|........|
|000005a0| 00 00 00 00 00 00 00 00 | 00 00 00 00 01 00 00 00 |........|........|
|000005b0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000005c0| 00 00 00 00 00 00 00 00 | 31 0e 00 53 75 70 70 6f |........|1..Suppo|
|000005d0| 73 65 20 77 65 20 77 69 | 73 68 20 74 6f 20 64 72 |se we wi|sh to dr|
|000005e0| 61 77 20 61 20 67 72 61 | 70 68 2e 2e 2e 20 20 20 |aw a gra|ph... |
|000005f0| 20 20 20 01 00 69 00 00 | 00 00 00 00 00 00 00 00 | ..i..|........|
|00000600| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 01 |........|........|
|00000610| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000620| 00 00 00 00 00 00 00 00 | 00 00 00 31 0f 00 54 68 |........|...1..Th|
|00000630| 65 20 65 66 66 65 63 74 | 20 6f 66 20 66 69 6e 61 |e effect| of fina|
|00000640| 6e 63 69 61 6c 20 6c 65 | 76 65 72 61 67 65 2e 2e |ncial le|verage..|
|00000650| 2e 20 20 20 20 20 01 00 | 69 00 00 00 00 00 00 00 |. ..|i.......|
|00000660| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000670| 00 00 01 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000680| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 31 10 |........|......1.|
|00000690| 00 48 6f 6d 65 6d 61 64 | 65 20 6c 65 76 65 72 61 |.Homemad|e levera|
|000006a0| 67 65 20 69 73 20 74 68 | 65 20 75 73 65 20 6f 66 |ge is th|e use of|
|000006b0| 2e 2e 2e 20 20 20 20 20 | 20 01 00 69 00 00 00 00 |... | ..i....|
|000006c0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000006d0| 00 00 00 00 00 01 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000006e0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000006f0| 00 31 11 00 42 65 63 61 | 75 73 65 20 69 6e 76 65 |.1..Beca|use inve|
|00000700| 73 74 6f 72 73 20 63 61 | 6e 20 75 73 65 20 68 6f |stors ca|n use ho|
|00000710| 6d 65 6d 61 64 65 2e 2e | 2e 20 20 20 01 00 69 00 |memade..|. ..i.|
|00000720| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000730| 00 00 00 00 00 00 00 00 | 01 00 00 00 00 00 00 00 |........|........|
|00000740| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000750| 00 00 00 00 31 12 00 41 | 63 63 6f 72 64 69 6e 67 |....1..A|ccording|
|00000760| 20 74 6f 20 74 68 65 20 | 4d 26 4d 20 70 72 6f 70 | to the |M&M prop|
|00000770| 6f 73 69 74 69 6f 6e 73 | 2e 2e 2e 20 20 20 20 01 |ositions|... .|
|00000780| 00 69 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |.i......|........|
|00000790| 00 00 00 00 00 00 00 00 | 00 00 00 01 00 00 00 00 |........|........|
|000007a0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000007b0| 00 00 00 00 00 00 00 31 | 13 00 41 63 63 6f 72 64 |.......1|..Accord|
|000007c0| 69 6e 67 20 74 6f 20 74 | 68 65 20 73 74 61 74 69 |ing to t|he stati|
|000007d0| 63 20 74 68 65 6f 72 79 | 20 6f 66 2e 2e 2e 20 20 |c theory| of... |
|000007e0| 20 20 01 00 69 00 00 00 | 00 00 00 00 00 00 00 00 | ..i...|........|
|000007f0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 01 00 |........|........|
|00000800| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000810| 00 00 00 00 00 00 00 00 | 00 00 31 14 00 41 63 63 |........|..1..Acc|
|00000820| 6f 72 64 69 6e 67 20 74 | 6f 20 74 68 65 20 65 78 |ording t|o the ex|
|00000830| 74 65 6e 64 65 64 20 70 | 69 65 20 6d 6f 64 65 6c |tended p|ie model|
|00000840| 2c 2e 2e 2e 20 01 00 69 | 00 00 00 00 00 00 00 00 |,... ..i|........|
|00000850| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000860| 00 01 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000870| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 31 15 00 |........|.....1..|
|00000880| 57 68 69 63 68 20 6f 66 | 20 74 68 65 20 66 6f 6c |Which of| the fol|
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|000008a0| 75 6c 74 2e 2e 2e 20 20 | 01 00 69 00 00 00 00 00 |ult... |..i.....|
|000008b0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000008c0| 00 00 00 00 01 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000008d0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|000008e0| 31 16 00 57 68 69 63 68 | 20 6f 66 20 74 68 65 20 |1..Which| of the |
|000008f0| 66 6f 6c 6c 6f 77 69 6e | 67 20 73 74 61 74 65 6d |followin|g statem|
|00000900| 65 6e 74 73 20 69 73 2e | 2e 2e 20 01 00 69 00 00 |ents is.|.. ..i..|
|00000910| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000920| 00 00 00 00 00 00 00 01 | 00 00 00 00 00 00 00 00 |........|........|
|00000930| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000940| 00 00 00 31 17 00 57 68 | 69 63 68 20 6f 66 20 74 |...1..Wh|ich of t|
|00000950| 68 65 20 66 6f 6c 6c 6f | 77 69 6e 67 20 69 73 20 |he follo|wing is |
|00000960| 74 72 75 65 20 61 62 6f | 75 74 2e 2e 2e 20 01 00 |true abo|ut... ..|
|00000970| 69 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |i.......|........|
|00000980| 00 00 00 00 00 00 00 00 | 00 00 01 00 00 00 00 00 |........|........|
|00000990| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
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|000009c0| 69 73 20 4e 4f 54 2e 2e | 2e 20 20 20 20 20 20 20 |is NOT..|. |
|000009d0| 20 01 00 69 00 00 00 00 | 00 00 00 00 00 00 00 00 | ..i....|........|
|000009e0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 01 00 00 |........|........|
|000009f0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000a00| 00 00 00 00 00 00 00 00 | 00 31 19 00 41 73 73 75 |........|.1..Assu|
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|00000a20| 63 6f 72 70 6f 72 61 74 | 65 20 6f 72 2e 2e 2e 20 |corporat|e or... |
|00000a30| 20 20 20 20 01 00 69 00 | 00 00 00 00 00 00 00 00 | ..i.|........|
|00000a40| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000a50| 01 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000a60| 00 00 00 00 00 00 00 00 | 00 00 00 00 31 1a 00 41 |........|....1..A|
|00000a70| 6c 6c 20 65 6c 73 65 20 | 65 71 75 61 6c 2c 20 74 |ll else |equal, t|
|00000a80| 68 65 20 66 69 6e 61 6e | 63 69 61 6c 2e 2e 2e 20 |he finan|cial... |
|00000a90| 20 20 20 20 20 20 20 01 | 00 69 00 00 00 00 00 00 | .|.i......|
|00000aa0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000ab0| 00 00 00 01 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000ac0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 31 |........|.......1|
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|00000b00| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000b10| 00 00 00 00 00 00 01 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000b20| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000b30| 00 00 31 1c 00 54 68 65 | 20 65 71 75 69 74 79 20 |..1..The| equity |
|00000b40| 62 65 74 61 20 6f 66 20 | 61 20 66 69 72 6d 20 64 |beta of |a firm d|
|00000b50| 65 70 65 6e 64 73 20 6f | 6e 2e 2e 2e 20 01 00 69 |epends o|n... ..i|
|00000b60| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000b70| 00 00 00 00 00 00 00 00 | 00 01 00 00 00 00 00 00 |........|........|
|00000b80| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000b90| 00 00 00 00 00 31 1d 00 | 57 68 69 63 68 20 6f 66 |.....1..|Which of|
|00000ba0| 20 74 68 65 20 66 6f 6c | 6c 6f 77 69 6e 67 20 69 | the fol|lowing i|
|00000bb0| 73 20 4e 4f 54 20 61 2e | 2e 2e 20 20 20 20 20 20 |s NOT a.|.. |
|00000bc0| 01 00 69 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |..i.....|........|
|00000bd0| 00 00 00 00 00 00 00 00 | 00 00 00 00 01 00 00 00 |........|........|
|00000be0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000bf0| 00 00 00 00 00 00 00 00 | 31 1e 00 54 68 65 20 69 |........|1..The i|
|00000c00| 6e 74 65 72 65 73 74 20 | 74 61 78 20 73 68 69 65 |nterest |tax shie|
|00000c10| 6c 64 20 66 6f 72 20 61 | 20 66 69 72 6d 2e 2e 2e |ld for a| firm...|
|00000c20| 20 20 20 01 00 69 00 00 | 00 00 00 00 00 00 00 00 | ..i..|........|
|00000c30| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 01 |........|........|
|00000c40| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000c50| 00 00 00 00 00 00 00 00 | 00 00 00 31 1f 00 57 68 |........|...1..Wh|
|00000c60| 69 63 68 20 6f 66 20 74 | 68 65 20 66 6f 6c 6c 6f |ich of t|he follo|
|00000c70| 77 69 6e 67 20 63 6f 72 | 72 65 63 74 6c 79 2e 2e |wing cor|rectly..|
|00000c80| 2e 20 20 20 20 20 01 00 | 69 00 00 00 00 00 00 00 |. ..|i.......|
|00000c90| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
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|00000cb0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 31 20 |........|......1 |
|00000cc0| 00 57 68 69 63 68 20 6f | 66 20 74 68 65 20 66 6f |.Which o|f the fo|
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|00000cf0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000d00| 00 00 00 00 00 01 00 00 | 00 00 00 00 00 00 00 00 |........|........|
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|00000d20| 00 31 21 00 5f 5f 5f 5f | 5f 5f 5f 5f 5f 5f 5f 20 |.1!.____|_______ |
|00000d30| 64 65 73 63 72 69 62 65 | 73 20 74 68 65 20 73 69 |describe|s the si|
|00000d40| 74 75 61 74 69 6f 6e 2e | 2e 2e 20 20 01 00 69 00 |tuation.|.. ..i.|
|00000d50| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000d60| 00 00 00 00 00 00 00 00 | 01 00 00 00 00 00 00 00 |........|........|
|00000d70| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000d80| 00 00 00 00 31 22 00 57 | 68 69 63 68 20 6f 66 20 |....1".W|hich of |
|00000d90| 74 68 65 20 66 6f 6c 6c | 6f 77 69 6e 67 20 77 6f |the foll|owing wo|
|00000da0| 75 6c 64 20 62 65 2e 2e | 2e 20 20 20 20 20 20 01 |uld be..|. .|
|00000db0| 00 69 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |.i......|........|
|00000dc0| 00 00 00 00 00 00 00 00 | 00 00 00 01 00 00 00 00 |........|........|
|00000dd0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000de0| 00 00 00 00 00 00 00 31 | 23 00 41 20 66 69 72 6d |.......1|#.A firm|
|00000df0| 20 74 68 61 74 20 69 73 | 20 61 70 70 72 6f 61 63 | that is| approac|
|00000e00| 68 69 6e 67 20 62 61 6e | 6b 72 75 70 74 63 79 2e |hing ban|kruptcy.|
|00000e10| 2e 2e 01 00 69 00 00 00 | 00 00 00 00 00 00 00 00 |....i...|........|
|00000e20| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 01 00 |........|........|
|00000e30| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000e40| 00 00 00 00 00 00 00 00 | 00 00 31 24 00 41 63 63 |........|..1$.Acc|
|00000e50| 6f 72 64 69 6e 67 20 74 | 6f 20 74 68 65 20 73 74 |ording t|o the st|
|00000e60| 61 74 69 63 20 74 68 65 | 6f 72 79 20 6f 66 2e 2e |atic the|ory of..|
|00000e70| 2e 20 20 20 20 01 00 69 | 00 00 00 00 00 00 00 00 |. ..i|........|
|00000e80| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000e90| 00 01 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000ea0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 31 25 00 |........|.....1%.|
|00000eb0| 4f 66 20 74 68 65 20 66 | 6f 6c 6c 6f 77 69 6e 67 |Of the f|ollowing|
|00000ec0| 2c 20 61 6c 6c 20 61 72 | 65 20 63 6f 6e 63 6c 75 |, all ar|e conclu|
|00000ed0| 73 69 6f 6e 73 2e 2e 2e | 01 00 69 00 00 00 00 00 |sions...|..i.....|
|00000ee0| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000ef0| 00 00 00 00 01 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000f00| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
|00000f10| 31 26 00 41 6c 6c 20 65 | 6c 73 65 20 65 71 75 61 |1&.All e|lse equa|
|00000f20| 6c 2c 20 77 68 69 63 68 | 20 6f 66 20 74 68 65 2e |l, which| of the.|
|00000f30| 2e 2e 20 20 20 20 20 20 | 20 20 20 01 00 69 00 00 |.. | ..i..|
|00000f40| 00 00 00 00 00 00 00 00 | 00 00 00 00 00 00 00 00 |........|........|
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