NO.PZ2023090505000012
问题如下：
An issuer with limited cash flow is deciding which of its suppliers’ credit terms are least costly. Which of the following credit terms offered to the issuer by its suppliers have the lowest effective interest rate?
选项：
A.
1/10, net 50
B.
2/15, net 40
C.
3/15, net 60
解释：
A is correct. The implicit financing cost that the issuer faces when forgoing a discount that the supplier or vendor offers is based on the amount of the forgone discount and length of the payment period beyond the discount period; 1/10, net 50 would permit the issuer to borrow for 50 − 10 = 40 days at a cost of only 1% of the purchase price (the forgone discount). The calculations for the cost of financing for each set of credit terms, expressed as an effective annual rate, are as follows:
为什么算出的不是这个结果
