cost on that item is $219 and your monthly interest rate is 1 percent. You the item the customer wants to buy is $325. Your variable person will never credit because the net present value of the sale is grant should: $105
cost on that item is $219 and your monthly interest rate is 1 percent. You the item the customer wants to buy is $325. Your variable person will never credit because the net present value of the sale is grant should: $105
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Please answer fast i give you upvote.
![You have the opportunity to make a one-time sale if you will give a new customer 30
days to pay. You suspect that there is a 50 percent chance that this person will never
pay you. The sales price of the item the customer wants to buy is $325. Your variable
cost on that item is $219 and your monthly interest rate is 1 percent. You
credit because the net present value of the sale is
grant
should; $105
should; $109
should not; -$58
should not; -$47
should not; -$33
----](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc3a44bb6-87bd-4c8d-9440-3cdafe6e3acd%2Fbd4139bb-c2e9-4d47-a282-d916c912470a%2Fzbjvwdx_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You have the opportunity to make a one-time sale if you will give a new customer 30
days to pay. You suspect that there is a 50 percent chance that this person will never
pay you. The sales price of the item the customer wants to buy is $325. Your variable
cost on that item is $219 and your monthly interest rate is 1 percent. You
credit because the net present value of the sale is
grant
should; $105
should; $109
should not; -$58
should not; -$47
should not; -$33
----
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