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    Fixed Income Analysis
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    Exam 6: Fundamentals of Credit Analysis
  5. Question
    In the Event of Default, Which of the Following Is
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In the Event of Default, Which of the Following Is

Question 19

Question 19

Multiple Choice

in the event of default, which of the following is most likely to have the highest recovery rate?


A) Second lien
B) Senior unsecured
C) Senior subordinated

Correct Answer:

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