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You are considering renting a kiosk in the local mall for a period of three months. Any sale you make will be a one-time sale.

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You are considering renting a kiosk in the local mall for a period of three months. Any sale you make will be a one-time sale. The probability that you will collect payment on a credit sale is 90 percent. The product you want to sell has a variable cost of $3.67 and a sales price of $4.95. The monthly interest rate is 1.30 percent. Should you offer people 30 days to pay? Why or why not? O A) Yes; because the NPV of a credit sale is $0.73 OB) No; because the NPV of a credit sale is - $.02 C) Yes; because the NPV of a credit sale is $.09 OD) Yes; because the NPV of a credit sale is $1.03 OE) No; because the NPV of a credit sale is -$.08

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