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Because shareholders are the last to receive any distribution of assets in the event of a company becoming bankrupt, generally, they expect to receive a.
Because shareholders are the last to receive any distribution of assets in the event of a company becoming bankrupt, generally, they expect to receive
a. | A lower rate of return than debt holders | |
b. | A higher rate of return than debt holders | |
c. | The risk-free rate of return | |
d. | An arbitrage rate of return |
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