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    Fundamentals of Corporate Finance Study Set 14
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    Exam 19: Working Capital Management
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    A Firm Offers Its Customers 2/14 Net 28
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A Firm Offers Its Customers 2/14 Net 28

Question 75

Question 75

Multiple Choice

A firm offers its customers 2/14 net 28. What is the cost of trade credit to a customer who chooses to pay on day 28?


A) 32.8%
B) 67.3%
C) 69.3%
D) 72.4%

Correct Answer:

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