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Vikken Microsystems (A). Assume Nikken Microsystems has sold Internet servers to Telecom Espaa for C681,000. Payment is due in three months and will with a trade acceptance from Telecom Espaa Acceptance. The acceptance fee is 1.4% per annum of the face amount of the note. This acceptance will be sold 3.9% per annum discount. What is the annualized percentage all-in-cost in euros of this method of trade financing? (NOTE: Assume a 360-day year) The trade acceptance fee is (Round to two decimal places.)