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Problem 28-10 Credit Policy Evaluation Red Hawk, Incorporated, is considering a change in its cash-only sales policy. The new terms of sale would be net

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Problem 28-10 Credit Policy Evaluation Red Hawk, Incorporated, is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return is .64 percent per month. Calculate the NPV of the decision to switch. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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