Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
To evaluate the difference in old versus new policy it is necessary to calculate the NPV of switching policies. and illustrated as (P-v)Q ( (Ross,...
Need help with finance homework. Having trouble with the NPV of switching.
See attached for the problem then what I've calculated thus far. I believe I have everything correct up to the point of calculating the NPV.