Of the following types of securities the holder of which


1. Of the following types of securities, the holder of which type has first claim on the assets of a firm?

A. senior debt

B. common stock

C. subordinated debt

D. preferred stock

E. junior debt

2. A U.S. Treasury yield curve plots U.S. Treasury interest rates relative to __________.

A. market rates

B. comparable corporate bond rates

C. the risk-free rate

D. inflation

E. time to maturity

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Financial Management: Of the following types of securities the holder of which
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