please answer all and bold it

Nikken Microsystems (B). Assume Nikken Microsystems has sold Internet servers to Telecom Espaa for 704,000 Payment is due in four months and will be made with a trade acceptance from Telecom Espaa Acceptance. The acceptance fee is 1.3% per annum of the face amount of the note. This acceptance will be sold at a 3.8% per annum discount. Also assume that Nikken Microsystems prefers to receive U.S. dollars rather than euros for the trade transaction. It is considering two alternatives: 1) sell the acceptance for euros at once and convert the euros immediately to U.S. dollars at the spot rate of exchange of $1.037 or 2) hold the euro acceptance until maturity but at the start sell the expected euro proceeds forward for dollars at the 4- month forward rate of $1.05/. a. What are the U.S. dollar net proceeds received at once from the discounted trade acceptance in alternative 1? b. What are the U.S. dollar net proceeds received in four months in alternative 2? c. What is the break-even investment rate that would equalize the net U.S. dollar proceeds from both alternatives? d. Which alternative should Nikken Microsystems choose? (NOTE: Assume a 360-day year) a. What are the U.S. dollar net proceeds received at once from the discounted trade acceptance in alternative 1? The trade acceptance fee is (Round to two decimal places.) Calculate the U.S. dollar proceeds received at onco: (Round to two decimal places.) Spot Proceeds Face amount of the receivable Less trade acceptance foo Euro proceeds Spot exchange rate. Se U.S. dollar proceeds, now b. What are the U.S. dollar net proceeds received in four months in alternative 2? b. What are the U.S. dollar net proceeds received in four months in alternative 2? Calculate the U.S. dollar proceeds received in 4 months: (Round to two decimal places.) Forward Proceeds Face amount of the receivable Less trade acceptance for Euro proceeds Forward exchange rato, $/ U.S. dollar proceeds, now c. What is the break-even investment rate that would equalize the net U.S. dollar proceeds from both alternatives? The break-even investment rate is [%. (Round to three decimal places) c. What is the break-even investment rate that would equalize the net U.S. dollar proceeds from both alternatives? The break-even investment rate is % (Round to three decimal places.) d. Which alternative should Nikken Microsystems choose? (Select all the choices that apply) I A. Nikken Microsystems' opportunity cost of capital is less than the break-even investment rate, it should be indifferent financially between the two alternatives. B. If Nikken Microsystems' opportunity cost of capital is equal to the break-even investment rate, it should be indifferent financially between the two alternatives. C. Selling the accoptance at once, alternative 1. improves Nikken's liquidity and removes the debt that otherwise would be financing the acceptance from Nikken Microsystem's balance sheet ID. Selling the acceptance in 120 days, alternative 2, improves Nikken's liquidity and removes the debt that otherwise would be financing the acceptance from Nikken Microsystem's balance sheet