How should your willingness to grant credit be affected by differences in (a) The profit margin, (b)

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How should your willingness to grant credit be affected by differences in

(a) The profit margin,

(b) The interest rate,

(c) The probability of repeat orders? In each case illustrate your answer with a simple example.

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Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

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