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Which one of the following statements about liquidation is wrong? Select one: In a liquidation all assets will be liquidated at their book values In

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Which one of the following statements about liquidation is wrong? Select one: In a liquidation all assets will be liquidated at their book values In a liquidation senior debt will be paid off before any other debt classes If the business is no longer a going concern then goodwill will be worthless Issuer rating will not give an indication of loss and recovery for a specific debt tranche in case of liquidation

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