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Which of the following is the correct order that payment will be disbursed if a firm is in bankruptcy and the assets are liquidated? ANSWER

Which of the following is the correct order that payment will be disbursed if a firm is in bankruptcy and the assets are liquidated? ANSWER Unselected Equity holders , secured creditors, unsecured creditors Unselected Secured creditors, unsecured creditors, equity holders Unselected Unsecured creditors, secured creditors, equity holders Unselected I DON'T KNOW YET

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