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How much value would be added to a firm that could permanently reduce its collection period by two days if daily collections average $10,000 and
How much value would be added to a firm that could permanently reduce its collection period by two days if daily collections average $10,000 and the opportunity cost is 5% annually?
Select one:
a.$1,000
b.$1,200
c.$10,000
d.$20,000
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