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In the event of firms bankruptcy. What is the correct order of payout: Group of answer choices: Preferred stockholders > Common stockholders > Bondholders Bondholders

In the event of firms bankruptcy. What is the correct order of payout:

Group of answer choices:

Preferred stockholders > Common stockholders > Bondholders

Bondholders > Preferred stockholders > Common stockholders

Common stockholders > Bondholders > Preferred stockholders

Preferred stockholders > Bondholders > Common stockholders

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