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A company is considering changing its credit policy. Detail of the change are below: Proposed Selling price / unit Current 2 0 0 1 0

A company is considering changing its credit policy. Detail of the change are below: Proposed Selling price/ unit Current 20010020010011,000+1,000 VC/Unit # units sold/month 10,000 Req'd monthly return 2%2% Compute the NPV and suggest a course of action.

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