each of the following financial instruments, indicate their initial measurement basis and their classification for subsequent measurement (i.e. measurement basis + treatment of gains and losses when relevant). If, on the basis of the information given, more than one classification is possible, indicate all and make clear what additional information would be relevant in making the choice. a. A 10-year bank loan taken out by a company (answer from the perspective of the borrowing company). b. A package of shares in a listed company. The exception of IFRS 9.2.1.(a) does not apply. Answer from the perspective of the entity holding the shares as assets. c. A bank issues loans to home-owners. The loans have a fixed interest rate. If the customer defaults (cannot repay the loan) the bank can take possession of the house. In that case, the bank has no right to additional payments from the customer if the proceeds from selling the house are not enough to repay the debt (this is known as a non-recourse loan). The customer has the right to repay the loan early at any time, but will have to pay a fee equal to the present value of the remaining interest payments, discounted at the market rate of interest. Answer from the perspective of the bank.