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Part 1 of 4 Points: 0 :0 of 1 Motoguzzio (B). Motoguzzit exports large-engine motorcycle (grater than 70000) to Australia and invoices its customers in

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Part 1 of 4 Points: 0 :0 of 1 Motoguzzio (B). Motoguzzit exports large-engine motorcycle (grater than 70000) to Australia and invoices its customers in US dollars. Sydney Wholesale Imports has purchased $3.000.000 of merchandise from Motoguzzio, with payment due in six months. The payment will be made wth a bankers acceptance issued by Charter Bank of Sydney at a fee of 1.74% per annum Motoguzzie has a weighted average cost of capital of 93% Bank of America is willing to buy Motoguzzies bankers acceptance for a discount of 5 6% per annum What would be Motoguzzie's annualized percentage all-h cost of financing its $3,000,000 Austrian Puceable? (NOTE Assume a 360-day year) The banks'acceptance fees Round to the nearest cont)

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