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stranahan stranahan
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7 years ago
Swale Circuit Boards, located in Montana, has credit terms of 1/15 net 45. What is the implied APR and EAR of the firm's credit policy? What if the firm extends the discount to 30 days and the full payment to 60 days?
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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portalgoal!portalgoal!
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7 years ago
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stranahan Author
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7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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