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Compute the cost of not taking the following cash discounts. (Use a 360-day year. Do not round intermediate calculations. Input your final answers as a
Compute the cost of not taking the following cash discounts. (Use a 360-day year. Do not round intermediate calculations. Input your final answers as a percent rounded to 2 decimal places.)
| Cost of Lost Discount | ||
| a. | 3/19, net 60. | % |
| b. | 2/19, net 45. | % |
| c. | 4/19, net 45. | % |
| d. | 3/16, net 190. | % |
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Fundamentals Of Investments
Authors: Charles J. Corrado
3rd Edition
0072829192, 978-0072829198
