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Not John has 100 shares of preferred stock, Rebecca has 1,000 shares of common stock, while Jeremy has 1,500 shares of common stock. Rebecca was
Not John has 100 shares of preferred stock, Rebecca has 1,000 shares of common stock, while Jeremy has 1,500 shares of common stock. Rebecca was the first person to invest in the company, while John was last. They all have shares of Thomson Incorporated that is going bankrupt. Which of them is MOST likely to receive part of their investment back and why? a) John, because he has preferred stock, while Rebecca and Jeremy have common stock. b) Jeremy, because he has the largest number of shares. c) Rebecca, because from a chronological order, she was the first person to invest in the company. d) John, because he has the smallest number of shares
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