Q6 Financial Instruments 9 Points Q6.1 3 Points ABD Ltd sold some put options in BMN Ltd to YRE Ltd, which provide YRE Ltd with the right to sell shares in BMN Ltd at a certain price in three years' time. How should ABD Ltd, BMN Ltd, and YRE Ltd recognize the put options (i.e., financial asset, financial liability, equity instrument) respectively? Please explain Enter your answer here Q6.2 2 Points Explain how the treatment of cash flows differs whether an instrument is classified as equity or financial liability in accordance with AASB 132 Financial Instruments: Presentation. Enter your answer here Q6.3 4 Points NewTech Ltd issued $20 million of convertible notes on 1 July 2020. The notes have a life of 6 years and a face value of $20 each. Annual interest of 5% is payable at the end of each year. The notes were issued at their face value and can be converted at any time over their lives. Organisations with a similar risk profile to NewTech have issued debt with similar terms with an interest rate of 7%, but without the option to convert to equity. Required Prepare the accounting entries for NewTech Ltd to record the issue of the convertible notes and the payment of interest at the end of the first year (i.e., 30 June 2021) in accordance with guidance provided in AASB 132 Financial Instruments: Presentation Please select files) Select files)