The processing cost of making a payment through the ACH system is roughly half the cost of

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The processing cost of making a payment through the ACH system is roughly half the cost of making the same payment by check. Why, therefore, do firms often rationally choose to make payments by check?

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Principles of Corporate Finance

ISBN: 978-0072869460

7th edition

Authors: Richard A. Brealey, Stewart C. Myers

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Question Posted: Jun 08, 2011 07:01 AM

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The processing cost of making a payment through the ACH system is roughly half the cost of

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Firms may choose to pay by check b...View the full answer

Principles of Corporate Finance

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