Question: I will upvote! If the variable cost per unit is $84, the current price is $120, and the monthly required return is 5.0%. What is

I will upvote!

I will upvote! If the variable cost per unit is $84, the

If the variable cost per unit is $84, the current price is $120, and the monthly required return is 5.0%. What is the break-even Probability of Default for a company that is assessing granting credit for a new customer? Assume the customer is a repeat business. Round the break even probability to 2 Decimals (e.g. 22.05% ) and the unit is \%. Your Answer: Answer units If the variable cost per unit is $84, the current price is $120, and the monthly required return is 5.0%. What is the break-even Probability of Default for a company that is assessing granting credit for a new customer? Assume the customer is a repeat business. Round the break even probability to 2 Decimals (e.g. 22.05% ) and the unit is \%. Your Answer: Answer units

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