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MJ, Inc. made a $15,000 sale. Due to their weak competitive position, the firm had to offer trader credit terms of 30 days just to
- MJ, Inc. made a $15,000 sale. Due to their weak competitive position, the firm had to offer trader credit terms of 30 days just to make the sale. Calculate the present value of MJs sale assuming discount rates of
- 3.65 percent
- 7.30 percent
- 10.95 percent
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