Question: a bond is junior or subordinated, it 3 2 Multiple Choice 8 0 0 : 4 8 : 0 9 has a higher priority status

a bond is junior or subordinated, it

32

Multiple Choice

800

48

09

has a higher priority status than specified creditors.has been issued because the company is in default.must give preference to senior creditors in the event of default.

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