Failing to take the trade discount would be most costly for which of the following offers?

Select one:

a.

3/10, net 30

b.

3/10, net 40

c.

2/10, net 30

d.

2/10, net 40

39-

Which of the following describes London Interbank Offered Rate (LIBOR)? I. It is a base rate for calculating the cost of borrowing U.S. dollars outside of the U.S. II. It is often used by large multinational firms to secure financing overseas III. It is typically higher than the U.S. prime rate of interest for domestic borrowing

Select one:

A.

I and II only

B.

I and III only

C.

I, II, and III

D.

I only