5. The time from acceptance to maturity on a $1,000,000 banker's acceptance is 180 days. The importer's bank's acceptance commission is 2 percent and the market rate for 180-day B/As is 8 percent. (20 points) a) What amount will the exporter receive if he holds the B/A until maturity? b) What amount will the exporter receive if he discounts the B/A with the importer's bank? c) Also determine the bond equivalent yield the importer's bank will earn from discounting the B/A with the exporter. d) Determine the bond equivalent yield the exporter will earn if the exporter waits until B/As matures. e) If the exporter's opportunity cost of capital is 12 percent, should he discount the B/A or hold it to maturity