Question
If the annualized effective cost of missing the trade credit discount is 8.19%, the length of the discount period is 15 days, and the discount
If the annualized effective cost of missing the trade credit discount is 8.19%, the length of the discount period is 15 days, and the discount percentage is 1%, then what is the length of the net trade credit period?
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Mutual Fund Industry Handbook
Authors: Gremillion
1st Edition
0471736244, 978-0471736240
