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If a firm buys on trade credit terms of 1?/10?, net 60 and decides to forgo the trade credit discount and pay on the net?

If a firm buys on trade credit terms of 1?/10?, net 60 and decides to forgo the trade credit discount and pay on the net? day, what is the annualized cost of forgoing the discount? (assume a? 365-day year)? The annualized cost of the trade credit terms of 1?/10?, net 60 is

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