Securities Order these securities according to preference in a liquidation: I. Preference stock II. Senior debt III.

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Securities Order these securities according to preference in a liquidation:

I. Preference stock II. Senior debt III. Common stock IV. Convertible debt

a) I, II, III, IV

b) II, IV, I, III

c) I, III, II, IV

d) II, I, IV, III

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