How much money did i receive after the bankruptcy

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Reference no: EM132033463

Tucker Corp., had $300M of total debts outstanding when it went bankrupt. Of the $300M, $100M were senior bonds and $200M were junior bonds All of Tucker's assets were sold for $150M.

I owned $10K of the junior bonds. How much money did I receive after the bankruptcy?

Reference no: EM132033463

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