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For questions 13-17 refer to the following capital structure: Secured bank loan Senior notes Senior subordinated notes Junior subordinated notes Preferred stock Total 200 150

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For questions 13-17 refer to the following capital structure: Secured bank loan Senior notes Senior subordinated notes Junior subordinated notes Preferred stock Total 200 150 150 150 100 750 13. If the following company is worth 600, which is the fulcrum? 14. How much would this company need to be worth for the Senior subordinated notes to be in the money and get some recovery? 15. If the company is worth 300, what is the recovery % for the Senior Notes? 16. If the company is worth 700, what is the recovery % for the Senior Subordinated Notes? 17. What are some legal tactics or other strategies the Preferred creditors could try to use to get a recovery? For questions 13-17 refer to the following capital structure: Secured bank loan Senior notes Senior subordinated notes Junior subordinated notes Preferred stock Total 200 150 150 150 100 750 13. If the following company is worth 600, which is the fulcrum? 14. How much would this company need to be worth for the Senior subordinated notes to be in the money and get some recovery? 15. If the company is worth 300, what is the recovery % for the Senior Notes? 16. If the company is worth 700, what is the recovery % for the Senior Subordinated Notes? 17. What are some legal tactics or other strategies the Preferred creditors could try to use to get a recovery

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