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    Intermediate Accounting Study Set 14
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    Exam 15: Financial Instruments: Complex Debt and Equity
  5. Question
    Primary Securities That Have Both Debt and Equity Characteristics Are
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Primary Securities That Have Both Debt and Equity Characteristics Are

Question 124

Question 124

Multiple Choice

Primary securities that have both debt and equity characteristics are called:


A) options
B) convertible debt
C) hybrid securities
D) discount bonds

Correct Answer:

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