Based on the following information, answer the questions below. The time from acceptance to maturity on a $4m Banker's Acceptance (BA) is 90 days. The importer's bank's acceptance commission is 5% and the market rate for 90 day BA's is 10%. A) What amount will the exporter receive if they hold the BA to maturity? Answer to the nearest dollar. (2 marks) Answer: B) What amount will the exporter receive if he discounts the BA? Answer to the nearest dollar (2 Marks) Answer: Note: the data contained in these questions is independent from that above C) The discounted amount on a BA an exporter receives is $1,965,000, the amount the exporter receives if they hold to maturity is $1,985,000 and the face value is $2m on a 90 day Banker's Acceptance. i) Determine the bond equivalent yield the importer's bank will earn from discounting the BA with the exporter. (Answer as a decimal to 4 decimal places) (2 Marks) Answer: ii) Determine the bond equivalent yield the exporter receives from discounting the BA. Answer as a decimal to 4 decimal places (2 Marks) Answer: D) From the list below, choose the method an exporter is most likely to prefer to undertake trade finance. Answer: Based on the following information, answer the questions below. The time from acceptance to maturity on a $4m Banker's Acceptance (BA) is 90 days. The importer's bank's acceptance commission is 5% and the market rate for 90 day BA's is 10%. A) What amount will the exporter receive if they hold the BA to maturity? Answer to the nearest dollar. (2 marks) Answer: B) What amount will the exporter receive if he discounts the BA? Answer to the nearest dollar (2 Marks) Answer: Note: the data contained in these questions is independent from that above C) The discounted amount on a BA an exporter receives is $1,965,000, the amount the exporter receives if they hold to maturity is $1,985,000 and the face value is $2m on a 90 day Banker's Acceptance. i) Determine the bond equivalent yield the importer's bank will earn from discounting the BA with the exporter. (Answer as a decimal to 4 decimal places) (2 Marks) Answer: ii) Determine the bond equivalent yield the exporter receives from discounting the BA. Answer as a decimal to 4 decimal places (2 Marks) Answer: D) From the list below, choose the method an exporter is most likely to prefer to undertake trade finance