An entity that is the parent of a group has the following properties:

(a) A property that is leased to a non-group company

(b) A property that is leased to a subsidiary

(c) A property that is used by the parent as its Head Office but is located in an area where a substantial capital appreciation might be expected

(d) Land that has been purchased by the parent but whose future use has not yet been determined.

Which of the properties would be classified as investment properties under IAS 40 Investment Property?

Group of answer choices

(a), (b) and (c)

(a), (c) and (d)

(a) and (d)

(a) and (b)