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Which of the Following Statements Regarding Default Risk Is True

Question 71

Multiple Choice

Which of the following statements regarding default risk is true?


A) In a bankruptcy proceeding, the value of an equity investment is likely to be zero.
B) Default risk is greater for short-term securities than for long-term securities.
C) In a bankruptcy proceeding, the value of a debt investment is likely to be zero.
D) Default risk is greater for illiquid investments.

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