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Categorise each of the following common financial instruments as financial assets, financial liabilities or equity instruments - of the issuer or the holder, as specified.

(a) Loans receivable (holder);

(b) Loans payable (issuer);

(c) Ordinary shares of the issuer;

(d) The holder's investment in the ordinary shares in part

(c) Redeemable preference shares of the issuer, redeemable at any time at the option of the holder;

(e) The holder's investment in the preference shares in part (e).

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