Information is data presented in a meaningful context
Indicate whether the statement is true or false
TRUE
Business
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Suppose a company uses trade credit with the terms of 2/10, net 50. If the company pays their account on the 50th day, the effective borrowing cost of skipping the discount on day 10 is closest to:
A. 14.9%. B. 15.0%. C. 20.2%.
Business
Find the variance for a security that has three one-year returns of 5%, 10%, and 15%
A) 10.00% B) 16.67% C) 25.00% D) 30.00%
Business