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c. If the firm had made a purchase of $83,000 for which it had been given terms of 1/5 net 21, would it increase the

c. If the firm had made a purchase of $83,000 for which it had been given terms of 1/5 net 21, would it increase the firm's profitability to give up the discount and not borrow as recommended in part b? Why or why not? The cost of giving up the cash discount is | |96. (Round to two decimal places.)

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