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Illustration of Conflict of Interests Between Bondholders in Series A and B

This illustration depicts a conflict of interests among bondholders holding Series A and Series B bonds totaling $100 million and $40 million, respectively. The Series A bondholders with $30 million and $11 million, clash with those holding $70 million and $29 million in Series B bonds. This conflict arises from differing interests in the resolution of a financial matter. The visual representation helps in understanding the complexities of competing stakeholder priorities in bond investments.

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Illustration of Conflict of Interests Between Bondholders in Series A and B

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  1. Illustration 4 Conflict of Interests Holder 1 A - $30,000,000 B- $11,000,000 Bondholders (Series A) $100,000,000 Other Bondholders A - $70,000,000 Bondholders (Series B) $40,000,000 Other Bondholders B-$29,000,000

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