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Your firm just purchased $100,000 in goods from your supplier on trade credit terms of 2/10 net 30. Your opportunity cost of funds is 9%.
Your firm just purchased $100,000 in goods from your supplier on trade credit terms of 2/10 net 30. Your opportunity cost of funds is 9%. Calculate the present value savings that would be earned if your firm makes payment on day 10 versus day 30. Should the firm take this discount
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Finance Led Capitalism Shadow Banking Re Regulation And The Future Of Global Markets
Authors: Robert Guttmann
1st Edition
1137398566, 978-1137398567
