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In the event of bankruptcy, owners of secured bonds receive their share of the firm's assets as payment before the owners of other unsecured debt.
In the event of bankruptcy, owners of secured bonds receive their share of the firm's assets as payment before the owners of other unsecured debt.
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Auditing Principles Techniques And Practices
Authors: Mustaq Ahmad, Mohd Ashraf Ali
1st Edition
8184841949, 978-8184841947
