Trust Chemicals is considering changing its credit policy. It conducted a net present value (NPV) analysis for both its existing credit policy and proposed credit policy. The net change in NPV on a daily basis is $20 and the expected return is 10%. Assuming there are 360 days in a year, the increase in the firm's value is _____.?

A. ?$50,000
B. ?$72,000
C. ?$43,000
D. ?$20,000
E. ?$67,000


Answer: B

Business

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