Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'EXRI'?

A. ISO 15022 classifier for corporate actions that involve a call or exercise on nil paid securities or intermediate securities resulting from an intermediate securities distribution (RHDI)
B. ISO 15022 classifier for corporate actions that involve prolonging the maturity date of a bond
C. ISO 15022 classifier for corporate actions that involve a public offer where priority is given to existing shareholders
D. ISO 15022 classifier for corporate actions that involve an increase in a corporation's number of outstanding equities without any change in the shareholder's equity or the aggregate market value at the time of the split

Answer: ISO 15022 classifier for corporate actions that involve a call or exercise on nil paid securities or intermediate securities resulting from an intermediate securities distribution (RHDI)