Which of the following statements is NOT CORRECT? - corporate bonds for sale
All things being equal, the secured claim is less risky than unsecured debt.
The expected return on a corporate bond should be less than the promised return, if the probability of failure is greater than zero.
All things being equal, the debt is less risk of default of the subordinated debt.
Bond rating of a company is influenced by his financial situation and rules his writing.
After liquidating Chapter 11 of the Bankruptcy Act, the assets of a bankrupt company and require the proceeds to debt based on the seniority of the debt as in the pay law.
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