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Please dont give long explanations, I really need the answer as soon as possible. Thank you so much Based on the following information, answer the

Please dont give long explanations, I really need the answer as soon as possible. Thank you so muchimage text in transcribed

Based on the following information, answer the questions below. The time from acceptance to maturity on a $15m Banker's Acceptance (BA) is 30 days. The importer's banks acceptance commission is 12% and the market rate for 30 day BA is 17%. a) What amount will the exporter receive if they hold the BA to maturity? Answer to the nearest cent. If your answer is $9 you must write as 9.00 (1 Mark) Answer: b) What amount will the exporter receive if he discounts the BA? Answer to the nearest cent. If your answer is $9 you must write as 9.00 (1 Mark)

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