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Company A issues preference shares to Company B , the terms of which entitle party B to redeem the preference shares for cash if Company

Company A issues preference shares to Company B

,

the terms of which entitle party B to redeem the preference shares for cash if Company As revenues fall below a specified level. From Company As perspective, the preference shares areQuestion

3

AnswerA.an equity instrumentB.a compound financial instrument

.

A financial assetD.option contract

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