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ZYZ corporation is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return is
ZYZ corporation is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return is 1.6 percent per month. Based on the above information, determine whether XYZ should switch to the new policy or not
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Public Finance
Authors: Richard W. Tresch
3rd Edition
012415834X, 9780124158344
