Question: If the variable cost per unit is $83, the current price is $125, and the monthly required return is 3.0%. What is the break-even Probability

If the variable cost per unit is $83, the current price

If the variable cost per unit is $83, the current price is $125, and the monthly required return is 3.0%. 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 your answer to 2 Decimals (e.g. 22.05\%) and the unit is \%. Your Answer: Answer units

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