Covered interest parity and uncovered interest parity

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Reference no: EM131868380

1. What are the differences between covered interest parity and uncovered interest parity?

2. Which one of these is NOT a characteristic of a concentration system of collections?

A) All surplus funds are electronically transferred to a centralized account

B) Check clearing times are increased

C) Customer payments are directed to a local collection center

D) Collection time is reduced

Reference no: EM131868380

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