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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 1.9 percent
The Snedecker Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 1.9 percent per period. Current Policy $ 71 37 Price per unit Cost per unit Unit sales per month New Policy $ 73 $ 37 3,170 3,050 5 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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