Question: help Save & Exit Subr 23 Kobane Corp. currently has an all-cash credit policy. It is considering making a change in the credit policy by
help Save & Exit Subr 23 Kobane Corp. currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 120 days (Assume there are 30 days in each month). The required return will be calculated based on the effective annual rate of 8% (annually compounded). Calculate the NPV of the decision to change credit policy (Do not use the $ sign. If your answer is +$123,45678, enter 12345678. your answer is -$123,45678then enter-12345678). Current policy New policy Price per unit $50 $56 Cost per unit $38 Unit sales per quarter 50,000 55,000 points 3 01:03:50 $44 Numeric Response
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