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NARRBEGIN: Exhibit 22-1 Liquidation

Question 3

Multiple Choice

NARRBEGIN: Exhibit 22-1 Liquidation
Exhibit 23-1
NARRBEGIN: Exhibit 22-1 Liquidation Exhibit 23-1 -If the company has $3,000,000 in funds to distribute to unsecured creditors,what is the settlement that is received by the holders of the subordinated debentures in Case III? A) $1,250,000 B) $958,250 C) $745,400 D) $1,075,268
-If the company has $3,000,000 in funds to distribute to unsecured creditors,what is the settlement that is received by the holders of the subordinated debentures in Case III?


A) $1,250,000
B) $958,250
C) $745,400
D) $1,075,268

Correct Answer:

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