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Nikken Microsystems (A). Assume Nikken Microsystems sold Internet servers to Telecom Espaa for 716,000. Payment is due in four months and will be made with a trade acceptance from Telecom Espain Acceptance. The acceptance fools 1.4% per annum of the face amount of the note. This acceptance will be sold at a 42% per annum discount. What in the annualized percentage all-in-cont in curou of this method of trade financing? (NOTE: Assume a 360-day year) The trade acceptance too is Round to two decimal places The discount on the sale of acceptance is eZ (Round to two decimal places.) Calculate the net proceeds below. (Round to two decimal places) Trade Acceptance Face amount of the receivable Lass trade acceptance foo Less discount on the sale of acceptance Net proceeds The annualized percentage all-in coat (AIC) % (Round to three decimal places) Enter any number in the edit fields and then continue to the next question Nikken Microsystems (A). Assume Nikken Microsystems has sold Internet servers to Tolocom Espaa for 716,000. Payment is due in four months and will be made with a trade acceptance from Telecom Espaa Acceptance. The acceptance fees 1.4% per annum of the face amount of the note. This acceptance will be sold at a 4.2% per annum discount What is the annualized percentage all-in-cost in euros of this method of trade financing? (NOTE Assume a 360-day year) The trade acceptance fee is (Round to two decimal places) The discount on the sale of acceptance is (Round to wo decimal places) Calculate the net proceeds below: (Round to two decimal places.) Trade Acceptance Face amount of the receivable Less trade acceptance for Less discount on the sale of acceptance Net proceeds The annualized percentage all-in coat (AIC) is (Round to three decimal places) Enter any number in the edit fields and then continue to the next

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