=+b. If its opportunity cost is 10%, would it be economically advisable for the company to pay

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=+b. If its opportunity cost is 10%, would it be economically advisable for the company to pay an annual fee of L18,000 to reduce collection float by 3 days?

Explain.

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Principles Of Managerial Finance

ISBN: 9781292261515

15th Global Edition

Authors: Chad J. Zutter, Scott Smart

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