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Question 24 1 pts Expedia offers its customers payment terms of 5/15 EOM, net 60. Assuming 365 days in a year, calculate the implicit cost

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Question 24 1 pts Expedia offers its customers payment terms of 5/15 EOM, net 60. Assuming 365 days in a year, calculate the implicit cost of trade credit (Do not round intermediate calculations. Round final answer to two decimal places). none of the answers is correct. 23.03% 18.72% 48.36% 5160%

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