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    Intermediate Accounting Study Set 12
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    Exam 4: Complex Financial Instruments
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    Which of the Following Would Be Classified as a Hybrid/compound
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Which of the Following Would Be Classified as a Hybrid/compound

Question 92

Question 92

Multiple Choice

Which of the following would be classified as a hybrid/compound financial instrument resulting in two elements being reported on the SFP?


A) perpetual debt
B) mandatorily redeemable preferred shares
C) debt with detachable warrants
D) puttable shares

Correct Answer:

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