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What is the effective cost of credit terms of 2/10, net 30 if the firm stretches the accounts payable to 45 days? A) 49.76% B)

What is the effective cost of credit terms of 2/10, net 30 if the firm stretches the accounts payable to 45 days? A) 49.76% B) 36.12% C) 23.37% D) 44.59% E) 29.12%

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