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In terms of increasing risk to the investor, the proper ranking would be: a. common stock, preferred stock, secured debt b. long-term government debt, subordinated

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In terms of increasing risk to the investor, the proper ranking would be: a. common stock, preferred stock, secured debt b. long-term government debt, subordinated debt, common stock c. long-term government debt, secured debt, preferred stock d. secured debt, common stock, preferred stock

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