Indian Motorcycles exports large$-$engine motorcycles $($greater than $700$cc$)$ to Australia and invoices its customers in U$.$S$.$ dollars. Sydney Wholesale Imports has purchased $$1,000,000$ of merchandise from Indian Motorcycles, with payment due in $6$ months.

The payment will be made with a bankers$$ acceptance issued by Charter Bank of Sydney at a fee of $1\mathrm{.}7500\%$ per annum. Indian Motorcycles has a weighted average cost of capital of $10\mathrm{.}0000\%.$

The exporter has two options:

First, it may hold the acceptance till maturity. The Annualized all$-$in$-$cost as per this option is$\_\_\_\_\_\_\_\%$

Alternatively, it may sell the acceptance to Bank of America for a discount of $6\%$ per annum. The Annualized all$-$in$-$cost as per the second option is$\_\_\_\_\_\_\%$