Swingin' Soiree, Inc

Swingin' Soiree, Inc. is a firm that has its main office on the Right Bank in Paris. The firm just issued bonds with a final payment amount that depends on whether the Seine River floods. This type of bond is known as

A) a contingency bond.
B) a catastrophe bond.
C) an emergency bond.
D) an incident bond.
E) an eventuality bond.

Correct Answer:

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