=11/A client has the choice of paying at 10 days with a 2% discount or at 60

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=11/A client has the choice of paying at 10 days with a 2% discount or at 60 days, and it chooses the latter option. What does this signal?

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Corporate Finance Theory And Practice

ISBN: 9781118849330

4th Edition

Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi

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