Given the current financial health of our (US) economy, if you suspect that a company will go bankrupt next year, which would you rather hold, bonds issued by the company or equities issued by the company?Discuss

The current COVID-19 pandemic has wreaked havoc on the economy and many companies have gone bust or filed for bankruptcy. Given the current financial health of our (US) economy, if you suspect that a company will go bankrupt next year, which would you rather hold, bonds issued by the company or equities issued by the company?

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