Credit Analysis. Look back at the previous problem, but now suppose that if a customer defaults on

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Credit Analysis. Look back at the previous problem, but now suppose that if a customer defaults on a payment, you can eventually collect about half the amount owed to you. Will you be more or less tempted to pay for a credit check once you account for the possibility of partial recovery of debts?

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Study Guide To Accompany Fundamentals Of Corporate Finance

ISBN: 9780073012421

5th Edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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