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A firm is offered trade credit terms of 2/8, net 45. What is the effective annual rate using this trade credit if we do not
A firm is offered trade credit terms of 2/8, net 45. What is the effective annual rate using this trade credit if we do not take the discount?
a. 21.63%
b. 41.78%
c. 36.42%
d. 49.31%
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Foundations Of Real Estate Financial Modelling
Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
