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Convertible preference shares a. Include an option for the holder to convert preference shares into a fixed number of ordinary shares. b. Are compound instruments

Convertible preference shares a. Include an option for the holder to convert preference shares into a fixed number of ordinary shares. b. Are compound instruments with both a liability and an equity component. c. Use the "with-and-without" method to value the compound instrument. d. All of these answer choices are correct. e. None of these answers are correct

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