Question: Identify whether the following financial instruments are (i) A basic financial asset, financial liability, or equity instrument; (ii) A derivative; or (iii) A compound financial

Identify whether the following financial instruments are

(i) A basic financial asset, financial liability, or equity instrument;

(ii) A derivative; or

(iii) A compound financial instrument.

Item a. 10-year bond payable b. Convertible debenture c. Preferred shares d.

Item a. 10-year bond payable b. Convertible debenture c. Preferred shares d. Convertible preferred shares e. Stock warrants f. Interest rate swap Basic financial asset, financial liability, or equity instrument Derivative Compound financial instrument

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