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The company receives checks totaling $1,800. These checks take 2 days to clear. The cost of debt is 8%. What is the firm's disbursement float?
The company receives checks totaling $1,800. These checks take 2 days to clear. The cost of debt is 8%. What is the firm's disbursement float? A. $-6,000 B. $-4,500 C. $4,500 D. $6,000 E. None of the above.
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