Question: please answer all parts Nikken Microsystems (A). Assume Nikken Microsystems has sold Internet servers to Telecom Espaa for 707,000. Payment is due in four months
please answer all parts


Nikken Microsystems (A). Assume Nikken Microsystems has sold Internet servers to Telecom Espaa for 707,000. Payment is due in four months and will be made with a trade acceptance from Telecom Espaa Acceptance. The acceptance fee is 1.2% per annum of the face amount of the note. This acceptance will be sold at a 4.3% 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 two decimal places.) Calculate the net proceeds below. (Round to two decimal places.) Trade Acceptance Face amount of the receivable Less trade acceptance fee Less discount on the sale of acceptance Net proceeds CID (D The annualized percentage all-in cost (AIC) is %. (Round to three decimal places.)
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