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    Intermediate Accounting Study Set 14
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    Exam 15: Financial Instruments: Complex Debt and Equity
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    Securities Issued as Debt but Intended by the Issuing Company
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Securities Issued as Debt but Intended by the Issuing Company

Question 35

Question 35

Multiple Choice

Securities issued as debt but intended by the issuing company to be exchanged for shares by the investor prior to maturity are called:


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

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