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A buyer just made a $200 purchase on trade credit terms of 2/10, net 30. Assuming that the buyer pays on the last day of

A buyer just made a $200 purchase on trade credit terms of 2/10, net 30. Assuming that the buyer pays on the last day of the discount period and has an opportunity cost of funds is 7.3%, calculate the present value cost of the purchase.

Group of answer choices

$199.60

$194.83

$195.61

$198.81

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