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PLEASE ANSWER BY 5:30 PM (IN 60 MINUTES) AND SHOW YOUR WORK! I WILL THUMBS UP IF CORRECT! The Flowery Corporation is considering a change
PLEASE ANSWER BY 5:30 PM (IN 60 MINUTES) AND SHOW YOUR WORK! I WILL THUMBS UP IF CORRECT!
The Flowery Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2 percent per period. What is the net present value of the new policy given the following information?
Current Policy New Policy
Price Per Unit $74 $82
Cost Per Unit $22 $22
Unit Sales Per Month 3,340 3,410
PLEASE SHOW YOUR WORK!
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