mock afternoon 74. 75 face, net, afternoon, discount, account

wangzilin

连着两道cooperate finance的计算题差点把我击倒，查了一下书，还是没有答案，希望牛人给正解。

 

74  a company is offered trade credit terms of 2/10, net 45. The implicit cost of failing to take the discount and instead paying the account in 45 days is closest to

 

A. 21.28%

B 23.10%

C 23.45%

 

C  (1+2/98)^(365/35)-1=23.45%  35是怎么冒出来的。

 

75 A company plans to issue 2500000(face value) of commercial paper for one month. The company is quoted a rate of 5.88 percent with a dealer's commission of 1/8 percent and a backup line cost of 1/4 percent, both of which will be assessed on the face value. The effective cost of the financing is closest to

A. 6.03%

B 6.16%

C 6.29%

 

C   这道题我没有查到公式.

wangzilin

太感谢所有space上的考友了这么多天解决了我好多问题啊。