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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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