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samualson samualson
wrote...
Posts: 2459
5 years ago
Credit terms of 2/10, net 30 have a lower effective cost than credit terms of 2/10, net 60 because in the first case the loan will be repaid sooner.
[True or False]
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
Read 57 times
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DeanaRayDeanaRay
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Posts: 1112
5 years ago
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samualson Author
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5 years ago
Thank you for helping me with my quiz
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