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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 1.3 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 1.3 percent per period.

Current Policy New Policy
Price per unit $ 53 $ 55
Cost per unit $ 31 $ 31
Unit sales per month 2,150 2,275

Calculate the NPV of the decision to change credit policies (Show your work)

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