Common Equity Tier 1 Is

Common equity Tier 1 is:

A) made up discretionary non-cumulative dividends or coupons that have neither a maturity date nor an incentive to redeem
B) used to provide loss absorption on a going-concern basis and must be subordinated to depositors and general creditors and an original maturity of at least five years
C) subordinated to all other types of funding, absorbs losses, has full flexibility of dividend payments and has no maturity date
D) None of the listed options are correct.