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Assume that the borrowing rate is at 15%. Which of the following discounts should your firm take? I. 2/10 net 30 II. 1/15 net 60

Assume that the borrowing rate is at 15%. Which of the following discounts should your firm take?

I. 2/10 net 30

II. 1/15 net 60

III. 3/10 net 70

IV. 1/10 net 45

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