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A company is considering changing its credit policy. Detail of the change are below:Compute the NPV and suggest a course of action.Michael ElliottCurrentProposedSelling price /

A company is considering changing its credit policy. Detail of the change are below:Compute the NPV and suggest a course of action.Michael ElliottCurrentProposedSelling price

/

unit

1, 0001, 000

/

Unit

500500

# units sold

/

month

1, 2001220 + 20

Reg'd monthly return

1 % 1 %

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