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Q4: Your construction company has been contracted to build the new Olympic Stadium. The Olympic Committee must ensure that the construction of the building is

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Q4: Your construction company has been contracted to build the new Olympic Stadium. The Olympic Committee must ensure that the construction of the building is complete on time for the Olympics and cannot afford any delays. What type of bond instrument will you be required to post and what percentage of the contract value will this bond be at? (5 points)

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