- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 16. Credit Analysis for Corporate Issuers
- Subject 3. Seniority Rankings, Recovery Rates, and Credit Ratings
CFA Practice Question
Preference in position among creditors when it comes to repayment is called ______.
B. seniority
C. liquidation preference
A. creditor priority
B. seniority
C. liquidation preference
Correct Answer: B
User Contributed Comments 5
| User | Comment |
|---|---|
| jallado0 | prefrence in position among creditors when it comes to repayment is seniority |
| jwebbs | thanks i couldnt tell |
| Gooner7 | lol |
| ldfrench | Hey, jwebbs, like, why don't you back off of jallado0? Okay? Like, just back off, man. |
| khalifa92 | @gooner7: not cool man, not cool. |