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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 1.7 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 1.7 percent per period.

Current Policy New Policy
Price per unit $ 65 $ 67
Cost per unit $ 35 $ 35
Unit sales per month 2,750 2,870

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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