Question

Which of the following forms of financing ranks the lowest in seniority?

Answer 1

In finance, seniority refers to the order of repayment in the event of a sale or bankruptcy of the issuer. Seniority can refer to either debt or preferred stock. Senior debt must be repaid before subordinated (or junior) debt is repaid.



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Answer 2

Answer:

Options are:

Equity

Term Loans

High-Yield Bonds

Revolving Lines of Credit

Explanation:

Now the question still stands for this MCQ