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Veni, Inc., currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30

Veni, Inc., currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30 days. Based on the following information, what is the break-even price per unit under the new credit policy? The required return is .87 percent per month. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Current Policy New Policy

Price per unit $ 230 ?

Cost per unit $ 170 $ 175

Unit sales per month 1,650 1,700

break even price: ?

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