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If a company goes bankrupt and is liquidated, proceeds from asset sales are distributed to comenon shareholders: O after preferred shareholder claims are paid but

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If a company goes bankrupt and is liquidated, proceeds from asset sales are distributed to comenon shareholders: O after preferred shareholder claims are paid but before debtholders claims are paid O after debtholders are paid but before preference shareholder claims O before debtholders and preferred shareholder claims are paid they have no claims from asset sale proceeds after debtholders and preferred shareholder claims are paid 1 pe

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