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Which one of the following will generally have the highest priority claim when assets are liquidated and the proceeds are distributed in a bankruptcy proceeding?

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Which one of the following will generally have the highest priority claim when assets are liquidated and the proceeds are distributed in a bankruptcy proceeding? payment to secured creditors payment lo preferred shareholders payment to comnon shareholders poyment to unsecured credars Debt ratios and debt to enterprise value ratios differ widely from one industry to another. True False

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