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Question 2 Not yet answered Marked out of 1.00 Which class of securities has the lowest rank when it comes to receiving payments out of
Question 2 Not yet answered Marked out of 1.00
Which class of securities has the lowest rank when it comes to receiving payments out of the pool of assets in bankruptcy? Select one:
a. ordinary shares
b. preferred shares
c. junior unsecured bonds
d. bank line of credit
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