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4. A company is being offered credit terms 5/20, net 60 from its supplier. In order to take the discount, the firm will have to

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4. A company is being offered credit terms 5/20, net 60 from its supplier. In order to take the discount, the firm will have to borrow the funds from the bank and pay interest at 14 percent. Should it proceed with the discount? (5 points)

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