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CTP · Question #467
CTP Question #467: Real Exam Question with Answer & Explanation
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Question
- (Topic 5) There are 31 calendar days in the month, and the opportunity cost of funds is 9%. What is the annual cost of float for the batches listed?
Options
- A$78,387.09
- B$78,532.25
- C$79,838.71
- D$82,499.99
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