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An accounts receivable manager has been asked to accelerate cash into her company by offering...

An accounts receivable manager has been asked to accelerate cash into her company by offering trade discount terms to its customers. Her company's cost of capital is 11%. If she offers terms of 2/10, net 30 on a $50,000 invoice, what is the present value to the company if the customer accepts the discount and pays early?

A.

$48,852

B.

$48,366

C.

$48,121

D.

$47,996

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