A firm buys on terms of 315 net 45 it does not take the
A firm buys on terms of 3/15, net 45. It does not take the discount, and it generally pays after 75 days. What is the nominal annual percentage cost of its non-free trade credit, based on a 365-day year?
a)21.64%b)20.51%c)14.49%d)18.81%e)17.87%
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Under the plan there will be more bonds outstanding, and that will increase their liquidity and thus lower the interest rate on the currently outstanding bonds.
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create a temporary committee to investigate the cause of the recent werewolf attacks in major cities throughout the United States.
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