Based on the following information, answer the questions below. The time from acceptance to maturity on a $2m Banker's Acceptance is 180 days. The importer's banks acceptance commission is 2% and the market rate for 180 day BA's is 6% a) What amount will the exporter receive if they holds the BA to maturity. Answer to the nearest dollar. (2 marks) Answer: $ b) What amount will the exporter receive if he discounts the B/A. Answer to the nearest dollar (2 Marks) Answer: $ Note: the data contained in these questions is independent from that above c) The discounted amount on a BA an exporter receives is $965,000, the amount the exporter receives if they hold to maturity is $985,000 and the face value is $1m on a 120 days Banker's Acceptance. i) Determine the bond equivalent yield the importer's bank will earn from discounting the B/A 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 B/A. Answer as a decimal to 4 decimal places (2 Marks) Answer: d) From the list below, choose the method an exporter is most likely to prefer to undertake trade finance. (2 marks) Answer: Based on the following information, answer the questions below. The time from acceptance to maturity on a $2m Banker's Acceptance is 180 days. The importer's banks acceptance commission is 2% and the market rate for 180 day BA's is 6% a) What amount will the exporter receive if they holds the BA to maturity. Answer to the nearest dollar. (2 marks) Answer: $ b) What amount will the exporter receive if he discounts the B/A. Answer to the nearest dollar (2 Marks) Answer: $ Note: the data contained in these questions is independent from that above c) The discounted amount on a BA an exporter receives is $965,000, the amount the exporter receives if they hold to maturity is $985,000 and the face value is $1m on a 120 days Banker's Acceptance. i) Determine the bond equivalent yield the importer's bank will earn from discounting the B/A 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 B/A. Answer as a decimal to 4 decimal places (2 Marks) Answer: d) From the list below, choose the method an exporter is most likely to prefer to undertake trade finance. (2 marks)