6. Look back at the discussion in Section 30-2 of credit decisions with repeat orders. If p...

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6. Look back at the discussion in Section 30-2 of credit decisions with repeat orders. If p 1 ⫽ .8, what is the minimum level of p 2 at which Cast Iron is justified in extending credit?

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Principles Of Corporate Finance

ISBN: 9780071314176

10th Global Edition

Authors: Richard Brealey

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