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Question 5 Not yet answered Suppose a company would like to offer credit on a one-time purchase as long as the NPV of the transaction

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Question 5 Not yet answered Suppose a company would like to offer credit on a one-time purchase as long as the NPV of the transaction is at least $50 at a required monthly return of 2 percent. Assume the expected sales price is $248 and the associated variable cost is $164. The maximum probability of default that will result in an acceptable offer is: Marked out of 2.67 Select one: Flag question Edit question O a. 11.98% O b. 8.21% O c. 3.85% d. 14.98%

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