Question: Before its conversion to ordinary shares, capital notes issued by Australian banks provide investors with A. a distribution calculated by applying a variable margin

Before its conversion to ordinary shares, capital notes issued by Australian banks

Before its conversion to ordinary shares, capital notes issued by Australian banks provide investors with A. a distribution calculated by applying a variable margin over the BBSW rate B. a variable dividend payment C. a fixed dividend payment D. a distribution calculated by applying a fixed margin over the BBSW rate E. a distribution calculated by applying a variable margin over the coupon rate.

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