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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

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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 percent per month. Based on the above information, determine the NPV of the new policy. Multiple Choice $1.036.464.00 $1,497,60000 51,328,40000 5014.60000 53,336.40000

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