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Explain what is meant by the globalization of markets. Provide an example. What are the most global markets?
Natural Disasters
Severe and unexpected natural events that can cause significant damage to life, property, and the environment.
Insurance Companies
Businesses that provide coverage, in the form of compensation resulting from loss, damage, injury, treatment, or hardship in exchange for premium payments.
Required Rate
The minimum annual percentage earned by an investment that will persuade the individual or company to invest.
Coupon Rate
Each year's interest percentage provided by a bond, against its nominal value.
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