Trade credit is free credit
Give explanation: Trade credit is free credit.
Expert
Trade credit is not free. It has a cost. Who bears that cost depends on the terms of the transaction between the grantor and the recipient of the trade credit.
Describe necessary condition for a fixed-for-floating interest rate swap to be possible?For fixed-for-floating interest rate swap to be possible it is essential for a quality spread differential to be present. Generally, the default-risk premiu
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