Liscount on discount on ve rate of St ive rate of st ve rate on inted loan ve rate on anted loan vs. LIBOR n borrowing d. 3/10, net 180. 2. Regis Clothiers can borrow from its bank at 11 percent to take a cash discount. The terms of the cash discount are 2/15, net 60. Should the firm borrow the funds? 3. Simmons Corp. can borrow from its bank at 12 percent to take a cash discount The terms of the cash discount are 1.5/10, net 60. Should the firm borrow the funds?