SIE - Securities Industry Essentials Exam
In the event of a corporate liquidation, which of the following has the highest priority to corporate assets?
Callable Preferred StockD
Secured debt has priority over unsecured debt. Unsecured debt includes bonds. Lastly is the stock - with common stock being the last on the food chain.
Part of the questions for each course
- 20 of 150
- Series 6
- 30 of 500
- Series 7
- 50 of 625