18. Credit policy (S31.3) Look back at the discussion in Section 31-3 of credit decisions with repeat

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18. Credit policy (S31.3) Look back at the discussion in Section 31-3 of credit decisions with repeat orders. If p1 = 0.8, what is the minimum level of p2 at which Cast Iron is justified in extending credit?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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