After visiting an industry trade show you see that your, Financial Management

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After visiting an industry trade show you see that your

After visiting an industry trade show, you see that your competitors have a net price of $504. Your company’s product has a selling price of $654 with a 16% trade discount. (Round "additional trade discount" to the nearest tenth percent.)

What additional trade discount must you offer to meet the competitor’s net price of $504?

What is the chain discount?

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