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Object-Oriented Programming Uses a Hierarchy of Objects,also Called Classes,as the Focus

question 79

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Object-oriented programming uses a hierarchy of objects,also called classes,as the focus of the programming.


Definitions:

Exchange Rates

The expression of one currency's value in the terms of the value of another currency.

Covered Interest Arbitrage

A strategy involving the investment in differing currencies in order to exploit differences in interest rates, while hedging exchange rate risk.

Uncovered Interest Parity

A theory in finance which posits that the disparity in interest rates across two nations matches the anticipated shift in exchange rates between their respective currencies.

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