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Sanchez, Incorporated, is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return

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Sanchez, 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 1.3 percent per month. Current New Policy Policy Price per unit $700 $ 700 Cost per unit $455 $455 Unit sales per month 1,050 1,105 Based on the above information, determine the NPV of the new policy. Multiple Choice $765,813.46 $276,513.46 $287,574.00

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