Under our bankruptcy laws, any firm that is in financial distress will be forced to declare bankruptcy and then be liquidated. b. all else equal, senior debt generally has a lower yield to maturity than subordinated debt. c. the expected return on a corporate bond will generally exceed the bond's yield to maturity. d. an indenture is a bond that is less risky than a mortgage bond. e. if a bond's coupon rate exceeds its yield to maturity, then its expected return to investors exceeds the yield to maturity.

b. All else equal, senior debt generally has a lower yield to maturity than subordinated debt.  

Explanation:

Bankruptcy is a legal situation that stems from a court decision, in which a magistrate, verifying that a debtor company is insolvent, that is, has negative equity, with more debts than assets, and cannot recover from this condition, must be away from its activities.

Bankruptcy should occur whenever a company is no longer viable to continue its activities due to the impairment of its financial situation. When this occurs, under our bankruptcy laws, senior debt usually has a lower yield to maturity than subordinated debt.

anticipatory breach of contract

as the name suggests, an anticipatory breach is a breach of contract before the time of performance. so, if a promisor denies to perform his promise and signifies his unwillingness before the time for performance, then it is an anticipatory breach of contract.

and

actual breach of contract

while an anticipatory breach is before the time of performance, an actual breach of contract is on the scheduled time of performance of the contract. an actual breach of contract can be committed either.

hope this . : )

answer:

c

explanation: