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    Intermediate Accounting Study Set 14
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    Exam 15: Financial Instruments: Complex Debt and Equity
  5. Question
    In Substance, a Complex Financial Instrument Will Be Treated as Debt
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In Substance, a Complex Financial Instrument Will Be Treated as Debt

Question 64

Question 64

Essay

In substance, a complex financial instrument will be treated as debt if the answer is yes to two basic criteria.What are they?

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