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(Ch20) @ Saved The time from acceptance to maturity on a $1,005,000 banker's acceptance is 105 days. The importer's bank's acceptance commission is 200 percent and the market rate for 105-day B/As is 6.00 percent. What amount will the exporter receive if he holds the B/A until maturity? If he discounts the B/A with the importer's bank? Also determine the bond equivalent yield the importer's bank will earn from discounting the B/A with the exporter. If the exporter's opportunity cost of capital is 11 percent, should he discount the BIA or hold it to maturity? (Do not round intermediate calculations. Round "Maturity value to 2 decimal places. Round "Bond equivalent yield" as a percent rounded to 2 decimal places.) Amount the exporter will receive at maturity Amount the exporter will receive if discounted Bond equivalent yield Should he discount the B/A or hold it to maturity? % (Ch20) @ Saved The time from acceptance to maturity on a $1,005,000 banker's acceptance is 105 days. The importer's bank's acceptance commission is 200 percent and the market rate for 105-day B/As is 6.00 percent. What amount will the exporter receive if he holds the B/A until maturity? If he discounts the B/A with the importer's bank? Also determine the bond equivalent yield the importer's bank will earn from discounting the B/A with the exporter. If the exporter's opportunity cost of capital is 11 percent, should he discount the BIA or hold it to maturity? (Do not round intermediate calculations. Round "Maturity value to 2 decimal places. Round "Bond equivalent yield" as a percent rounded to 2 decimal places.) Amount the exporter will receive at maturity Amount the exporter will receive if discounted Bond equivalent yield Should he discount the B/A or hold it to maturity? %