Determine the amount to be paid within the discount period
Problem:
Determine the amount to be paid within the discount period for purchase with an invoice price of $7,745, subject to credit terms of 2/10, n/30.
Now Priced at $20 (50% Discount)
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Rated (4.3/5)
If the actual market price immediately following the split is $17 per share, what does this tell us about market efficiency?
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