1. BANKRUPTCY EFFECT ON COMMON AND PREFERRED SHAREHOLDERS: GOING,... GOING,... GONE! Nieman Marcus and J.Crew are both seeking bankruptcy protection due to the losses they have suffered attributable to the coronavirus pandemic. Assume the following: A person is a shareholder in each of the two companies who did not care about corporate governance but instead wanted to maximize her yield in the two companies' stock. This investor is worried because she may be left with "nothing" after the bankruptcy is resolved. Using the "Seven Elements of Common Stock" and the "Six Elements of Preferred Stock," what type of shareholder is this likely to be? Should this investor be worried about her position as a "creditor" if each company is dissolved after the bankruptcy? Why or why not? Be specific