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For a levered firm, an additional 3-day delay in paying suppliers will A.) increase the firms stock-out costs B.) reduce the firm's long-term external financing

For a levered firm, an additional 3-day delay in paying suppliers will A.) increase the firms stock-out costs B.) reduce the firm's long-term external financing need C.) increase the cash cycle by 3 days D.) reduce the operating cycle by 3 days OR E.) not affect the cash cycle

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