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Which of the following statements in relation to subordinated debts is correct? Multiple Choice a. It is not possible to include an agreement that the

Which of the following statements in relation to subordinated debts is correct?

Multiple Choice

a. It is not possible to include an agreement that the redemption is void for a specific period.

b.The addition of subordinated debt can improve the credit rating of the issuing company.

c. Subordinated debt cannot be recorded on the balance sheet as equity.

d. Holders of subordinated debt rank behind holders of debentures and before holders of unsecured notes.

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