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Question 23 of 26 Question 23 10 points Save Answer A firm buys on terms of 3/15, net 45. It does not take the discount,

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Question 23 of 26 Question 23 10 points Save Answer A firm buys on terms of 3/15, net 45. It does not take the discount, and it generally pays after 85 days. What is the nominal antal percentage cost of its non-free trade credit, based on a 365-day year? O a. 15.00% b.16.13% 0.18.55% d. 13.22% O. 17.58%

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