Potential vacation pay should be accounted for as a commitment

It is often said that interest rate parity is satisfied when the differential between the interest rates denominated in two currencies equals the forward premium or discount between the two currencies

Explain why this is an imprecise statement when the interest rates are not continuously compounded.

For subqueries, which of the following statements is correct?

A) Inner queries execute last and outer queries execute first B) Inner queries execute independently of outer queries C) Inner queries execute at the same time as outer queries D) Inner queries execute first and outer queries execute last