Company A has issued 5% 10m bonds to company Z. The bonds will only be redeemed if
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Question:
Company A has issued 5% 10m bonds to company Z. The bonds will only be redeemed if both A and Z agree to do so. This agreement should give rise to .......... In company A financial statements:
a.Equity
b.None of the above
c.Liability
d.Financial asset
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