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compare checks and Fedwire in terms of the following: 1) the direction of the payment order; 2) the cost to society in terms of total

compare checks and Fedwire in terms of the following: 1) the direction of the payment order; 2) the cost to society in terms of total resources used by the payment method; 3) the convenience of the payment method to the end users; and 4) the risks to the participants in the transaction, including both the end parties and payment providers. Be as specific as you can and explain your answers

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