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Fill in the blank. If a lender ranks behind the firm's general creditors in the event of default, the loan is said to be. OPTIONS
Fill in the blank.
If a lender ranks behind the firm's general creditors in the event of default, the loan is said to be.
OPTIONS ARE:
call
convertible
debentures
eurobond
eurodollar rate
floating rate
funded
junior
lease
prime rate
private placement
public issue
senior
sinking fund
term loan
unfunded
warrant
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