Your firm just purchased $10,000 in goods from your supplier on trade credit terms of 0.5/10 net...

Your firm just purchased $10,000 in goods from your supplier on trade credit terms of 0.5/10 net 60. Your opportunity cost of funds is 10%. What is the PV of waiting the 60 days to make payment?

a.$9,922.81

b.$9,838.27

c.$98.40

d.$9,000.00

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jeff jeffy answered 1 year ago

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