Yes. If a firm is able to buy on credit at all, if the credit terms include
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Yes. If a firm is able to buy on credit at all, if the credit terms include a discount for early payment, and if the firm pays during the discount period, it has obtained "free" trade credit. However, taking additional trade credit by paying after the discount period can be quite costly.
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Related Book For 
Financial Management Theory And Practice
ISBN: 9780324259681
11th Edition
Authors: Eugene F Brigham, Michael C Ehrhardt
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