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Dancing silently in your chair = appropriate celebration. Jabbing your pencil in the air and yelling "IN YOUR FACE, ETS" = not so much.

Straight vs. Cumulative Preferred Drill

  • 1.

    In a liquidation, if there is one class of senior bonds with no specific collateral and one class of junior bonds for which company property has been posted as collateral, who gets the property?

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