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Assume the Customer Will Either Pay in 30 Days or Will

Question 108

Multiple Choice

Assume the customer will either pay in 30 days or will default. What is the cost of switching the credit policy? A) $4,320 B) $5,000 C) $5,333 D) $5,760 E) $6,000 Assume the customer will either pay in 30 days or will default.
What is the cost of switching the credit policy?


A) $4,320
B) $5,000
C) $5,333
D) $5,760
E) $6,000

Correct Answer:

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