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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 Corporation
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Securities Issued as Debt, but Intended by the Issuing Corporation

Question 34

Question 34

True/False

Securities issued as debt, but intended by the issuing corporation to be exchanged for shares by the investors at some time prior to maturity, are known as "hybrid securities".

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