Your company has been offered credit terms of 4/30, net 90 days. What will be the nominal
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Your company has been offered credit terms of 4/30, net 90 days. What will be the nominal annual percentage cost of its non-free trade credit if it pays 100 days after the purchase? (Assume a 365-day year.)
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Related Book For 
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
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