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sunkiss22 sunkiss22
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6 months 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
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ggyxxcoolggyxxcool
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6 months ago
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