Assume the customer will either pay in 30 days or will default.
What is the NPV of switching the credit policy?
A) -$5,760
B) -$2,760
C) $2,760
D) $3,000
E) $5,760

Question

Assume the customer will either pay in 30 days or will default.
What is the NPV of switching the credit policy?
A) -$5,760 
B) -$2,760 
C) $2,760 
D) $3,000 
E) $5,760

Quizplus · Accepted Answer

The Answer of  Assume the customer will either pay in 30 days or will default.
What is the NPV of switching the credit policy?
A) -$5,760 
B) -$2,760 
C) $2,760 
D) $3,000 
E) $5,760

Assume the Customer Will Either Pay in 30 Days or Will