What is the annualized cost of forgoing

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If a firm buys on trade credit terms of 3?/10?,net 75 and decides to forgo the trade credit discount and pay on the net? day, what is the annualized cost of forgoing the discount? (assume a? 365-day year)?

The annualized cost of the trade credit terms of 3?/10?, net 75 is enter your response here %. ?(Round to two decimal? places.)

Reference no: EM133110440

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