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Your firm just purchased $10,000 in goods from your supplier on trade credit terms of0.5/10 net 60.Your opportunity cost of funds is 10%.What is the
Your firm just purchased $10,000 in goods from your supplier on trade credit terms of0.5/10 net 60.Your opportunity cost of funds is 10%.What is the PV of waiting the 60 days to make payment?
a.$9,922.81
b.$9,838.27
c.$98.40
d.$9,000.00
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