If a company enters bankruptcy court, bondholders should realize Answer 1. conve

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If a company enters bankruptcy court, bondholders should realize Answer 1. convertible debt is superior because it may be converted into common stock 2. subordinated debt is paid off at face value 3. bondholders may lose their investments 4. stockholders have the superior position If a company enters bankruptcy court, bondholders should realize If a company enters bankruptcy court, bondholders should realize If a company enters bankruptcy court, bondholders should realize convertible debt is superior because it may be converted into common stock subordinated debt is paid off at face value bondholders may lose their investments stockholders have the superior position 1. convertible debt is superior because it may be converted into common stock 2. subordinated debt is paid off at face value 3. bondholders may lose their investments 4. stockholders have the superior position

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3. bondholders may lose their investments

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If a company enters bankruptcy court, bondholders should realize Answer 1. conve

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