OPSC OAS Paper 1 GS 2022 Solved Paper

The SEBI has set up an Advisory Committee on Hybrid Securities. In respect of Hybrid Securities which of the following statement/s is/are correct?
(i) Hybrid Securities are securities that have a combination of Debt and Equity characters.
(ii) Common Stock was the first type of a hybrid security.
(iii) The holders of common stock receive dividends before the holders of preferred stocks.
(iv) The Hybrid Securities are a way for Banks/companies to borrow money from investors.