The expression 3/10, net 45 means that the customers receive a 3% discount if they pay within

Question:

The expression "3/10, net 45" means that the customers receive a 3% discount if they pay within 10 days; otherwise, they must pay in full within 45 days. What would the seller's have to be in order for the discount to be cost justified? (Hint: Opportunity Cost)

Cost Of Capital
Cost of capital refers to the opportunity cost of making a specific investment . Cost of capital (COC) is the rate of return that a firm must earn on its project investments to maintain its market value and attract funds. COC is the required rate of...