微信扫一扫
实时资讯全掌握
|
With regard to the factors that determine recovery rates of traded bonds, which of the following statements is most correct? A. State mandatory reorganizing procedures for distressed firms will result in higher recovery rates than if the firm informally reorganized. B. More senior claimants have lower recovery rates on the firm’s traded bonds. C. The more bank debt a firm has, the lower the recovery rates on the firm’s traded bonds. D. A large number of vulture funds would decrease the recovery rate. |