4. Your company is considering granting credit to a new customer. The variable cost per...
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4. Your company is considering granting credit to a new customer. The variable cost per unit is RO 20, the current price is RO 25, and the monthly required return is 2.5%. What is the break-even probability of default if we assume a repeat business? Interpret (2 pts) 4. Your company is considering granting credit to a new customer. The variable cost per unit is RO 20, the current price is RO 25, and the monthly required return is 2.5%. What is the break-even probability of default if we assume a repeat business? Interpret (2 pts)
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