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An attempt to financially restructure a failing firm so that it can continue operating as a going concern is called a: a. reorganization b. liquidation

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An attempt to financially restructure a failing firm so that it can continue operating as a going concern is called a: a. reorganization b. liquidation c. merger Which of the following forms of debt would be most likely to offer debt holders the highest interest rate? a. Subordinated, callable debt b. Secured, callable debt with a sinking fund c. Subordinated debt with sinking fund

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