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Cat bonds are primarily designed to help

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Reference no: EM131993568

1. Cat bonds are primarily designed to help:

1. The federal government cope with huge deficits.

2. Municipalities survive economic recessions.

3. Corporations respond to overseas competition.

4. Insurance companies fund excessive claims.

5. Corporations recover from involuntary reorganizations

2. Which one of the following statements related to the NYSE is correct?

1. Electronic trading has increased the demand for floor brokers.

2. The NYSE is privately owned by an investment firm.

3. DMM’s buy at the asked price.

4. Exchange members must purchase trading licenses.

5. NYSE shareholders currently own "seats" on the exchange

Reference no: EM131993568

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