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PU
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NEB
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- BSc CSIT
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- +2 Science
- +2 Management
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FIN250 Fundamentals Of Corporate Finance

Fundamentals Of Corporate FinanceTU Board 2081

Star Traders buys under terms of 1/10 net 40. Star Trader does not take discount and pays on 50th day. What is the annual percentage cost of stretching accounts payable? Assume 360 days in a year.

2

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