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Question
Put the following in order of their claim on assets of a firm, starting with the LAST to have a claim:A. Subordinated debentures
B. Debentures (unsubordinated)
C. Common Stock
D. Preferred stock
A) C, B, A, D
B) C, D, A, B
C) B, A, C, D
D) D, C, B, A
E) D, C, A, B
Answer
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