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A company is assessing granting credit to a new customer. The variable cost per unit...

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A company is assessing granting credit to a new customer. The variable cost per unit is $59, the current price is $120, the probability of default is 31% and the monthly required return is 1.0%. Calculate the NPV if we are looking at repeat business. Round your answer to 2 Decimals (e.g. 2222.05) and the unit is $. Your Answer: Answer units

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