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The Harrington Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 3.1 percent

The Harrington Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 3.1 percent per period.

Current policy

New Policy

Price Per Unit $89 $91
Cost Per Unit $49 $49
Unit Sales per Month 4850 4950

Calculate the NPV of the decision to change credit policies. (Do not round intermediate Calculations. Round your answer to 2 decimal places. (e.g., 32.16))

NPV $

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