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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

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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 per period. Price per unit Cost per unit Unit sales per month Current Policy New Policy $ 71 $ 73 $ 37 $ 37 3,050 3,170 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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