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What probability of payment would be required for a seller to break even ( have a zero net present value from granting credit ) on

What probability of payment would be required for a seller to break even (have a zero net present value from granting credit) on an item sold on credit for a price of $1,770 that has a required return of 14.5%, a collection period of 6 months, and requires an investment in the sale of $1,557? Please click on the following link to access a blank Excel-type worksheet: Click to open: darr q,
92.1%
93.1%
94.1%
95.1%
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