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Motoguzzie exports large engine motorcycles (greater than 700cc) to Australia and invoices its customers in U.S. dollars. Sydney Wholesale imports has purchased $3,040,000 of merchandise

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Motoguzzie exports large engine motorcycles (greater than 700cc) to Australia and invoices its customers in U.S. dollars. Sydney Wholesale imports has purchased $3,040,000 of merchandise from Motoguzzie, with payment due in six months. The payment will be made with a bankers' acceptance issued by Charier Bank of Sydney at a fee of 1.72% per annum. Motoguzzie has a weighted average cost of capital of 10.8%. If Motoguzzie holds this acceptance to maturity what is its annualized percentage all-in cost? The bankers' acceptance lee is $ Calculate the amount received by Motoguzzie below: The opportunity cost of capital is $ The annualized percentage all-in cost (AIC) is %

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