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Maestro Inc. can buy its inventory from the following two suppliers both of which offer essentially the same pricing and quality. Their credit terms are

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Maestro Inc. can buy its inventory from the following two suppliers both of which offer essentially the same pricing and quality. Their credit terms are as follows: Supplier A 2/10, net 30 Supplier B 3/10, net 20 Maestro is frequently short on cash and is often unable to take advantage of prompt payment discounts. Calculate the nominal cost of trade credit for each supplier given that Maestro will usually pay its suppliers in 45 days

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