Sunshine Inc. recently tightened its credit policy. The credit policy change resulted in an increase of $10 per day on a net present value (NPV) basis. Sunshine's required rate of return is 8 percent. What was the effect of the credit policy change on the firm's value? In your computations, assume a 360-day year.
A. $288
B. $12,500
C. $36,000
D. $45,000
E. $3,600
Answer: D
Mathematics
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? 
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Mathematics