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GE has the following securities outstanding: a senior bond, a junior bond, a preferred stock,...

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Finance

  1. GE has the following securities outstanding: a senior bond, a junior bond, a preferred stock, and a common stock. The junior bond should carry __________ and ________ compared to the preferred stock.

    higher risk, higher expected return

    lower risk, lower expected return

    higher risk, lower expected return

    lower risk, higher expected return

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