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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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This question involves the fundamentals of Managerial Finance.

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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 ...

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