1, Robius Corp. is working to minimizing its working capital. A preliminary report shows that Robius has 25.62 days of sales outstanding, 56.76 days of sales in inventory, and 42.28 days of payables outstanding. How many days is Robius' cash conversion cycle? Round to two decimal places (Ex. 0.00).

2, What is the cost of an unsecured bank loan of $400,000 with a 17% compensating balance and interest rate of 9% per year, borrowed for 180 days? The loan requires discounted interest. Assume a 360 day year. Submit your answer as a percentage and round to two decimal places (Ex. 0.00%).