2. Indian Motorcycles (B). Assuming the facts in Problem 1, Bank of America is now willing to...
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2. Indian Motorcycles (B). Assuming the facts in Problem 1, Bank of America is now willing to buy Indian Motorcycles's bankers' acceptance for a dis- count of 6% per annum. What would be Indian's annualized percentage all-in-cost of financing its $1,000,000 Australian receivable?
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Related Book For 
Fundamentals Of Multinational Finance
ISBN: 9780321541642
3rd Edition
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
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