nayana-c1.867c992ae9100904cc61c84591adf0f8f863e0387e30f0d0dbc86640e9f50a1a.en.train.350997

The task

Which of the following statements is true regarding the tax treatment of leveraged steepener notes? A. All leveraged steepener notes are treated as variable rate debt instruments. B. If the notes are treated as contingent payment debt instruments, they will be subject to special rules. C. The tax treatment is irrelevant to the initial fixed interest rate. D. Leveraged steepener notes are always front-loaded. Return only the single uppercase letter of the correct option.