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If a company is liquidated, who among the following is the lowest priority for payments Employees with unpaid wages Preferred stockholders Unsecured creditors Common stockholders

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If a company is liquidated, who among the following is the lowest priority for payments Employees with unpaid wages Preferred stockholders Unsecured creditors Common stockholders Which of the following is incorrect Unsystematic risk can be reduced through diversification Unsecured creditors are more willing to participate in a liquidation during financial distress / bankruptcy Equity multiplier can be used for assessing a company's financial leverage Market's beta is 1

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