Question: Suppose an individual invests $ 1 7 , 0 0 0 in equity ownership of a public corporation. A year later, the corporation files for
Suppose an individual invests $ in equity ownership of a public corporation. A year later, the corporation files for bankruptcy, owing hundreds of thousands of dollars to debtholders. What is the maximum loss this individual will take?
Group of answer choices
$ plus a portion of the unpaid debt.
$
$
A percentage of the unpaid debt depending on the percentage of equity ownership.
None of the above.
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