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sunkiss22 sunkiss22
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3 weeks ago
You are offered the following terms: 5/25 net 50. What is the effective annual interest rate for not paying on time, approximately?

▸ 103.9%

▸ 45.4%

▸ 111.5%

▸ 76.8%
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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ggyxxcoolggyxxcool
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3 weeks ago
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sunkiss22 Author
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3 weeks ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
Helped a lot
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