Nikken Microsystems (A). Assume Nikken Microsystems has sold Internet servers to Telecom Espaa for 682,000. Payment is due in three months and will be made with a trade acceptance from Telecom Espana Acceptance. The acceptance fee is 1.4% per annum of the face amount of the note. IT IK ac(20p anco will to sold ili a 2% por arr um disco m What les 10 annual! od porcontago all-in-cost in euros of this method of trade financing? (NOTE: Assume a 360-day year.) 1. The trade acceptance fee is The discount on the sale of acceptance is Calculate the net proceeds below: (Round to two decimal places.) Round to two decimal places.) Round to two decimal places.) Trade Acceptance Face amount of the receivable Less trade acceptance fee Less discount on the sale of acceptance Net proceeds The annualized percentage all-in cost (AIC) is %. (Round to three decimal places.)