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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.
Critically appraise how companies set their dividend policies, and explain the factors that a company will consider in setting its dividend policy and in determining the level of d
1. Use the bond price, yield-to-maturity, and quantity available you collected for each bond in Component 2 for this project to estimate an average current bond price and an averag
Initial investment 1950000 net cash flow 2075246 discount 15% find irr. Please solve in detail. regards thanks. .
Two years ago, Homeless People Ltd needed to accumulate a total of $600,000 by the end of four years to acquire new facility to house the homeless people in the city. To do so, Ho
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