c) The discounted amount on a BA an exporter receives is $4 3m, the amount the exporter receives if they hold to maturity is $4 4m and the face value is $4 5m on a 120 day BA 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 (1 Mark) Answer Payment in advance Payment in arrears Letter of Credit Forfaiting e Next page c) The discounted amount on a BA an exporter receives is $4 3m, the amount the exporter receives if they hold to maturity is $4 4m and the face value is $4 5m on a 120 day BA 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 (1 Mark) Answer Payment in advance Payment in arrears Letter of Credit Forfaiting e Next page

Question

c) The discounted amount on a BA an exporter receives is $4 3m, the amount the exporter receives if they hold to maturity is $4 4m and the face value is $4 5m on a 120 day BA  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  (1 Mark) Answer Payment in advance Payment in arrears Letter of Credit Forfaiting e Next page c) The discounted amount on a BA an exporter receives is $4 3m, the amount the exporter receives if they hold to maturity is $4 4m and the face value is $4 5m on a 120 day BA  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  (1 Mark) Answer Payment in advance Payment in arrears Letter of Credit Forfaiting e Next page

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Question

c) The discounted amount on a BA an exporter receives is $4.3m, the amount the exporter receives if they hold to maturity is $4.4m and

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