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The Tradition Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 1.2 percent

The Tradition Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 1.2 percent per period. Current Policy New Policy Price per unit $ 50 $ 52 Cost per unit $ 30 $ 30 Unit sales per month 2,000 2,125 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.)

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