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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.
one director asks only for the cash flow figures upto and including year 2 and applies a 2-year payback rule
You are required to provide an essay or report of approx 500 words or less (excluding attachments and references), accompanied by relevant calculations, in MS Word orPDF format ac
XYZ Corporation has the following capital structure: 10 million shares of common stock selling at $12 each, with current dividend of $1.00 annually; $70 million (face value) of 8%
1. Describe three different types of Mergers, and in what circumstances you expect to see each type occurring. 2. Just as Acquisitions and Mergers are a means by which compan
3. Your firm has debt worth $200,000, with a yield of 9%, and equity worth $300,000. It is growing at a 5% rate, and its tax rate is 40%. A similar firm with no debt has a cost of
20 questions
How much is price
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Question: (a) Describe briefly how electronic money works. (b) Give two benefits of e-money to each of the following: (i) consumers, and (ii) business. (c) Outline
what will be impact on the operating leverage of a firm if it proceeds for additional borrowings
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