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The Tradition Corporation is considering a change in its cash-only policy. The new terms would...

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The Tradition Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2.4 percent per period. Based on the following information, what is the break-even price per unit that should be charged under the new credit policy? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Price per unit Cost per unit Unit sales per month Current Policy $ 93 $ 44 2,675 New Policy ? $ 44 2,750 Break-even price

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