Question: 1 . 1 1 Contingent capital . . . a . provides adequate financial resources to mitigate business risks. b . facilitates the diversification of
Contingent capital
a provides adequate financial resources to mitigate business risks.
b facilitates the diversification of risks and stabilises the cashflows of a business.
c is a risk liquidity instrument available to business.
d smoothens earnings and achieves stability for future cash flows
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