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    Foundations of Financial Management Study Set 1
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    Exam 8: Sources of Short-Term Financing
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    The Cost of Forgoing the Discount on Trade Credit of 4/10,net
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The Cost of Forgoing the Discount on Trade Credit of 4/10,net

Question 19

Question 19

Multiple Choice

The cost of forgoing the discount on trade credit of 4/10,net 25 is equal to:


A) 101.32%.
B) 87.33%.
C) 28.8%.
D) 12.13%.

Correct Answer:

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