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only that guys , thank you so much . 16. Because equity holders are the last to receive any distribution of assets as a result
only that guys , thank you so much .
16. Because equity holders are the last to receive any distribution of assets as a result of bankruptcy proceedings, they expect A) fixed dividend payments B) greater returns from their investment in the firm's stock C) all profits to be paid out in dividends D) warrants to be attached to the stock issue would have the first claim on assets. 17. If bankruptcy were to occur, A) preferred stockholders B) unsecured creditors C) equity stockholders D) bond holders 18. Which of the following typically applies to common stock but not to preferred stock? A) par value B) dividend yield C) legally considered as equity in the firm D) voting rights 19. Which of the following is true of equity? A) equity holders do not have voting rights. B) It does not mature, so repayment is not required. C) It is a temporary form of financing for a firm. D) Equity financing is obtained from creditors. 20. Preferred stockholders A) do not have preference over common stockholders in the case of liquidation B) have preference over bondholders in the case of liquidation C) do not have preference over bondholders in the case of liquidation D) have preference over creditors in the case of liquidationStep by Step Solution
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