Please help me with these 2!!

5 What is the basis for classification of financial assets in line with IFRS 9? Hedging strategy and hedge effectiveness. Management's intention to hold them until maturity and whether they are publicly traded or not Business model and contractual cash flows characteristics. Risks associated with the financial asset and portfolio management policy 6/ ABC issued preference shares paying the dividend of 5% p.a. After 5 years, ABC can decide whether shares will be redeemed or not. ABC plans to redeem the shares. How are these shares classified in line with IAS 32? As a financial liability, because ABC has the obligation to pay 5% dividend As a financial asset available for sale, because these shares are not quoted in the stock exchange As a compound financial instrument, because it has both components: liability component = obligation to pay dividends, equity component = voluntary redemption feature that does not need to be exercised. As an equity, because the shares are NOT mandatorily redeemable, but ABC can decide on their redemption