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Question 3 (3 points) Listen Jun Corp. currently has an all-cash credit policy. It is considering making a change in the credit policy by going

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Question 3 (3 points) Listen Jun Corp. currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30 days. Currently it sells 940 units per month for $185.00 each and they have a variable cost of $141.00 per unit. It is expected under the new policy that they can sell an additional 33 units and that the selling price for all units will be $24 higher. Variable costs under this new credit policy will increase for all units by $4.00 per unit. If the required return is 0.75% per month, what is the NPV of this switch? Express your answer to the nearest cent. Be sure to submit your work! Your Answer: Answer Add attachments to support your work

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