Question:

When a company goes bankrupt what investor gets paid first?

by  |  earlier

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a. Equity

b. Fixed Income

c. Preferred Stock

d. Convertible Bonds

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1 ANSWERS


  1. 1. secured creditors

    2. corporate bond holders

    3. preferred stock

    4. common stock

    Equity and Fixed Income are general categories.  Convertible bonds are corporate bonds.

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