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The Snedecker Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2.8 percent

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The Snedecker Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2.8 percent per period. Current Policy New Policy Price per unit $ 86 $ 88 Cost per unit $ 46 $ 46 Unit sales per 4,400 4,500 month Calculate the NPV of the decision to change credit policies. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) NPV

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