The expression "6/10, net 45" means that the customers receive a 6% discount if they pay within 10 days; otherwise, they must pay in full within 45 days.
What would the seller's cost of capital have to be in order for the discount to be cost justified?
A• 64.5714%
B• 58.5714%
C• 59.5714%
D• 62.5714%
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