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fatsoulmh fatsoulmh
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6 months ago
Your supplier offers you 6/20 net 60 terms. What is the effective annual interest rate for not paying on time, approximately?

▸ 75.9%

▸ 58.2%

▸ 209.3%

▸ 45.7%
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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OmfgtimmyOmfgtimmy
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6 months ago
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