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hat is the effective annual cost of credit terms of 1/10 net 30, if the firm stretches the accounts payable to 45 days? Question 40
hat is the effective annual cost of credit terms of 1/10 net 30, if the firm stretches the accounts payable to 45 days?
Question 40 options:
A) 11.05%
B) 10.91%
C) 18.03%
D) 8.49 %
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