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Problem:
(a) The Mauritius Automated Clearing and Settlement System (MACSS) is the Mauritian Real-time Gross Settlement (RTGS) system.
(i) Outline briefly the concept of RTGS.
(ii) Name the three main system components of the MACSS.
(iii) Explain how the S.W.I.F.T. FIN Y-Copy works.
(iv) Within the context of MACSS, explain what you understand by the term "Contingency Event" and list two main potential types of Contingency event.
(v) When does a MACSS application event occur?
(b) Cryptography is used to protect data from theft or alteration and for user authentication. Outline the three general types of cryptographic schemes used to accomplish these goals.
(c) What is Electronic Data Interchange?
(d) Fedwire, CHIPS and SWIFT are the three wire-transfer systems used in the United States.
(i) Outline the main differences among these three wire-transfer systems.
(ii) Explain how money launderers try to use wire transfers to launder money.
The approved budget for 1997, reduced government spending in housing and urban development, health and human service, and education. Ignoring any other modifications, how would Cl
P/E Ratio: When it comes to valuing stocks, the price/earnings ratio is one of the highly oldest and most frequently used metrics. It is more than a measure of a company's past pe
Table gives the average MAPE for all SKUs with positive preview demand together (overall) and also per preview demand class. Furthermore, the error percentages in bold were signi?c
Explain about the Commission Broker All brokers sell and buy securities for earning a commission. From the investor's point of view, he is the most significant member of the
Assume the market returns to be 9% and the risk-free rate to be 1.25%. Assume also that shell has just paid an annual dividend of $1.41 and that dividends will grow at 5% for the f
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created the firm''s pro forma balance sheet for the next fiscal year?
Question: (a) As the cost of capital is an essential element of investment appraisal, its calculation must be undertaken with care. Failure to do so could lead to adverse cons
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