🎓CFA Final Prep All Topics

Debt vs Equity and Claims

Card1 / 38
Question

If a company is liquidated and asset value is barely enough to cover debt, which stakeholder is better protected?

Tap to flip
Answer

Debtholders.

Tap to flip back
Question

A shareholder wants influence over corporate direction rather than fixed contractual payments. What protection matters most?

Tap to flip
Answer

Voting rights.

Tap to flip back
Question

Why is equity usually safer for the issuer than debt?

Tap to flip
Answer

Equity has no required payments or repayment date.

Tap to flip back
Question

Why is debt usually safer for investors than equity in a corporate issuer?

Tap to flip
Answer

Contractual payments and senior claim priority.

Tap to flip back
Spaceflip