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    Online professor's response to: managerial finance

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    5. Take the following list of securities and arrange them in order of their priority of claims:

    Preferred stock Senior debenture
    Subordinated debenture Senior secured debt
    Common stock Junior secured debt

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    Hi there,
    <br>The order is as follows:
    <br>1. Subordinated debenture Senior secured debt
    <br>2. Preferred stock Senior debenture
    <br>3. Common stock Junior ...

    Solution Summary

    This question involves the fundamentals of Managerial Finance.