Question: Question 5 4 points Save An U.S. Fertilizers has received an order for USD 1,000,000 from a customer in Argentina. The exporter is considering an
Question 5 4 points Save An U.S. Fertilizers has received an order for USD 1,000,000 from a customer in Argentina. The exporter is considering an export insurance for a 2% premium, which is a flat fee. The exporter will finance the USD 1,000,000 receivable from the Argentine customer at 6% per annum for 3 months. U.S. Fertilizers will use its credit line for financing. What is the exporter's annualized percentage all-in-cost? [All-in-cost = Total costs/Amount received] 7.2596 12.0296 3.6396 6.0196 14.51%
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