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this is a full question from complex financial instrument Mega Corp., a publicly accountable enterprise, issued several complex financial instruments during 2020: Perpetual debt with

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Mega Corp., a publicly accountable enterprise, issued several complex financial instruments during 2020: Perpetual debt with a face value of $100,000 and a coupon rate of 5%. 10,000 preferred shares at par for $80 each. The shares are retractable at par at any time before the end of 2025. 5,000 convertible preferred shares for $150 each. The shares can each be converted into five common shares after 2021. Required: For each complex financial instrument issued by Mega during the year, use the issue- analysis-recommendation (IAR) approach to: Determine whether the complex financial instrument should be classified as debt, equity, or as a compound financial instrument. Describe the initial and subsequent measurement requirements

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