Based on the following information, answer the questions below. The time from acceptance to maturity on a $8 m Banker's Acceptance (BA) is 180 days. The importer's banks acceptance commission is 5% and the market rate for 180 day BA is 9%. A) What amount will the exporter receive if they hold the BA to maturity? Answer to the nearest cent. If your answer is $9 you must write as 9.00 (1 Mark) Answer: B) What amount will the exporter receive if he discounts the BA? Answer to the nearest cent. If your answer is $9 you must write as 9.00 (1 Mark) Answer: Note: the data contained in these questions is independent from that above C) The discounted amount on a BA an exporter receives is $2.48m, the amount the exporter receives if they hold to maturity is $2.49m and the face value is $2.5m on a 90 day BA. I) Determine the bond equivalent yield the importer's bank will earn from discounting the BA with the exporter. Answer as a decimal to 4 decimal places. (2 Marks) Answer: ii) Determine the bond equivalent yield the exporter receives from discounting the BA. Answer as a decimal to 4 decimal places. (2 Marks) Answer: d) From the list below, choose the document not needed in a trade finance transaction. (1 Mark) Answer Time Draft Promissory Note Letter of Credit Forfait Next pag